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Weyerhaeuser sells share in Twin Creeks

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Published in issue 43/2017
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US forestry and timber group Weyerhaeuser Co. (Seattle, Washington) is withdrawing from its 21% share in forestry business Twin Creeks Timber LLC (Perrysville, Ohio). Twin Creeks Timber is purchasing Weyerhaeuser’s share for a cash payment of US$107m. In addition Weyerhaeuser is selling 100,000 acres of timberlands ...

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