Arauco selling forestry assets to BTG Pactual

The Chilean forestry group Celulosa Arauco y Constitutión S.A., based in Santiago de Chile, is set to sell 80,489 ha of FSC-certified woodland to a consortium of institutional investors led by Timberland Investment Group (TIG), which is owned by the Brazilian bank BTG Pactual. With 61,742 ha, around three-quarters of ...

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