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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. TRG acquires $710 million stake in Rayonier's New Zealand forestry joint venture. 2. MFG, with 287,000 acres, is New Zealand's third largest forestry operator.

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FAQ

Why Bullish?

The acquisition confirms Rayonier's stable market position and enhances asset value, similar to past strategic moves that boosted shareholder confidence.

How important is it?

The significant acquisition of RYN's stake may lead to improved investor sentiment and future growth prospects.

Why Long Term?

The investment in MFG is expected to provide long-term growth and profitability in forestry management, akin to previous successful ventures.

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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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