One of the world’s largest private owners of timberlands, Weyerhaeuser Co. has agreed to purchase 80,800 acres of high-quality timberlands from a fund managed by Campbell Global for $265 million. The acquired timberlands are located in strong coastal markets across North Carolina and South Carolina, and are strategically situated near existing Weyerhaeuser timber and mill operations. Weyerhaeuser expects the acquisition to deliver portfolio-leading cash flow and harvest tons per acre within its Southern Timberlands business. The acquisition features well-stocked timber inventory with a ...
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