trending Market Intelligence /marketintelligence/en/news-insights/trending/nj9SJjB8C2JN_pdr5hwpWg2 content esgSubNav
In This List

Weyerhaeuser to sell Mont. timberlands for $145M

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Weyerhaeuser to sell Mont. timberlands for $145M

Weyerhaeuser Co. agreed to sell 630,000 acres of timberland in Montana to an undisclosed private timberland investment company for $145 million in a cash.

The property includes a diverse mix of softwood species and an existing 110,000-acre conservation easement.

The transaction is subject to customary closing conditions and is expected to complete in the second quarter of 2020.

The company said its three manufacturing facilities in Montana are not part of the transaction.