Weyerhaeuser Company (NYSE:WY) entered into an agreement to acquire 60,700 Acres High-Quality Timberlands of Forest Investment Associates L.P. for approximately $160 million on November 30, 2023. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2023.

Weyerhaeuser Company (NYSE:WY) completed the acquisition of 60,700 Acres High-Quality Timberlands of Forest Investment Associates L.P. in December 2023.