weyerhaeuser longview timber
The deal will be the third-largest forestry acquisition in North America. To learn more about our managed access programs, visit the Our Programs page. “While the timing of the (separate) sale transactions is coincidental, for investors in our funds these transactions represent monetization at excellent returns and puts each of these assets into the hands of strategic buyers who will be able to take them to the next level,” Cyrus Madon, Senior Managing Partner in Brookfield’s Private Equity Group, said in a release on Sunday. In 2013, Weyerhäuser purchased Longview Timber for $2.65 billion including debt from Brookfield Asset Management. Weyerhaeuser to buy Longview Timber for $2.65 billion, {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, NFL live: Follow the latest scores and update, Weyerhaeuser hoping Longview Timber purchase opens new markets, Leadership at fast-growing KapStone sees a 'perfect fit' in Longview Fibre, New owner KapStone eager to expand Longview Fibre's production, Illinois-based KapStone to buy Longview Fibre Paper and Packaging, VIDEO: U.S. Army Corps of Engineers improve Columbia River pile dikes, VIDEO: Old gym "K" mounted for display at Kelso High School, Covering Mount St. Helens: The story of a lifetime, VIDEO: Wildlife returns to Mount St. Helens. Weyerhaeuser acquires Longview Timber. Most of Weyerhaeuser's fundamental indicators, such as Number of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. Weyerhaeuser has joined a group of 48 environmental, conservation and forest industry leaders in announcing an agreement of principles on the important role sustainably managed forests and forest products can play in mitigating climate change. “We believe the price is reasonable given the high-quality assets and over-mature timberland” that will allow Weyerhaeuser to accelerate its tree harvesting, Quinn said in the note. Enjoy unlimited articles at one of our lowest prices ever. Weyerhaeuser Timber Company on May 17, 2005. Weyerhaeuser Partners With WDFW to Reopen 6,638 Acres to Public Walking It Back: Policy Change Comes Five Years After Timber Company Instituted Controversial Permit Program on … Weyerhaeuser is buying Longview Timber for $2.65 billion from Brookfield Asset Management, the Federal Way-based company announced Sunday. Weyerhaeuser Co., a U.S. real-estate investment trust that owns timberland, agreed to buy Longview Timber LLC for $2.65 billion including debt from affiliates of Brookfield Asset Management Inc. in the third-largest forestry acquisition in North America. 1. The Longview facility is Weyerhaeuser's largest on the West Coast, he said. Get up-to-the-minute news sent straight to your device. Long hoped that Weyerhaeuser would use his Longview, Portland & Northern Railway to serve the new mill, but Weyerhaeuser had their own … Weyerhaeuser Completes Acquisition of Longview Timber LLC. NEW YORK -- Weyerhaeuser, a U.S. real-estate investment trust that owns timberland, agreed to buy Longview Timber for $2.65 billion including debt from affiliates of Brookfield Asset Management, in … Before it's here, it's on the Bloomberg Terminal. Weyerhaeuser’s precision manufacturing, process control and mill direct supply give you consistent, reliable lumber, delivered when you need it, where you want it. On June 16, Weyerhaeuser announced that it will purchase Longview Timber for $2.65 billion next month, giving the Federal Way-based company 645,000 more acres of timberlands in Washington state and Oregon. Weyerhaeuser's common shares outstanding increased to approximately 578 million basic shares, or 583 million shares on a diluted basis, during the second quarter of 2013 following the issuance of 29 million common shares in conjunction with the acquisition of Longview Timber LLC. FEDERAL WAY, Wash., July 23, 2013 /PRNewswire/ -- Weyerhaeuser Company today announced the completion of its acquisition of Longview Timber LLC from … Weyerhaeuser Company (NYSE:WY) made several announcements on Sunday around M&A and leadership changes. Weyerhaeuser said Simons, 49, a former chief executive of the Temple-Inland corrugated packaging business before its acquisition by International Paper, would be active as CEO-elect immediately. Subscribe to our Daily Headlines newsletter. Weyerhaeuser Co., a U.S. real-estate investment trust that owns timberland, agreed to buy Longview Timber LLC for $2.65 billion including debt from … Beginning in 2013 Q3, Western volumes include results from the Longview Timber acquisition. Weyerhaeuser said yesterday in another statement that it’s looking at options including a sale or spinoff for its Weyerhaeuser Real Estate Co. homebuilding and real estate development business. FEDERAL WAY, Wash., July 23, 2013 / PRNewswire / -- Weyerhaeuser Company (NYSE: WY) today announced the completion of its acquisition of Longview Timber LLC from affiliates of Brookfield Asset Management. The firm owns and manages freehold timberlands. The acquisition added 645,000 acres (1,008 sq mi; 2,610 km 2) of timberland to Weyerhaeuser's holdings in Oregon and Washington. Western fee harvest for 2014 Q1 includes 921 ... Longview Timber June 2006 – January 2009 2 years 8 months. Weyerhaeuser converted into a real estate investment trust when it filed its 2010 tax return. “This transaction will expand Weyerhaeuser’s timber holdings in the Pacific Northwest by 33 percent to approximately 2.6 million acres and increase the total amount of U.S. timberlands it owns or controls to approximately 6.6 million acres,” Weyerhaeuser officials said in a news release Sunday. About two-thirds of the trees on the Longview lands are Douglas fir, a species that commands a premium in exports markets, Weyerhaeuser CEO Dan Fulton said on a conference call today. It said the timber acquisition should immediately boost company earnings and that Weyerhaeuser intends to boost its quarterly dividend to 22 cents per share, from 20 cents per share, beginning with the third-quarter dividend that is payable in September. The big question for Weyerhaeuser is whether its recent $2.65 billion acquisition of Longview Timber from Brookfield Asset Management and Brookfield Infrastructure Partners will … The first cargo crossed the Port's new dock; officially dedicated on April 15, 1926. More details on the debt-financing terms will be released after the equity financing is completed, Patricia Bedient, Weyerhaeuser’s chief financial officer, said on the call. 921 thousand m3 from the Longview Timber from Brookfield Asset Management, the Federal company. 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