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Weyerhaeuser Co Completes Acquisition Of Longview Timber LLC


Tuesday, 23 Jul 2013 07:30pm EDT 

Weyerhaeuser Co announced the completion of acquisition of Longview Timber LLC from affiliates of Brookfield Asset Management. The acquisition includes approximately 645,000 acres of high-quality timberlands in Washington and Oregon, which expand Weyerhaeuser's timber holdings in the Pacific Northwest by 33% to approximately 2.6 million acres. The transaction increases the total amount of U.S. timberlands Weyerhaeuser owns or controls to approximately 6.6 million acres. Financial terms of the transaction were not disclosed. 

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