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The Rohatyn Group Completes Acquisition of Rayonier's 77% Interest in Matariki Forestry Group in New Zealand for $710 Million

1. Rohatyn Group acquires Rayonier's 77% stake in Matariki Forestry for $710 million. 2. Matariki Forestry manages 287,000 acres, enhancing Rayonier's market position.

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Why Bullish?

The acquisition strengthens Rayonier's portfolio and market presence. Similar past acquisitions have often led to stock price appreciation.

How important is it?

This acquisition directly enhances Rayonier's operational capacity and competitive advantage in forestry management.

Why Long Term?

The strategic position gained from this acquisition may yield benefits over several years, aligning with Rayonier's long-term growth strategy.

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NEW YORK & AUCKLAND, New Zealand--(BUSINESS WIRE)--The Rohatyn Group (“TRG”), an investment firm specializing in emerging markets and real assets, today announced it has completed its $710 million acquisition of an entity that holds Rayonier Inc.'s 77% interest in a New Zealand joint venture (Matariki Forestry Group or “MFG”), which manages approximately 287,000 productive acres of timberland. MFG is the third largest forestry operator in New Zealand, with five timberland locations spanning acr.

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