Carter Holt Harvey sells 95,000 hectares of forest

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Carter Holt Harvey Limited (CHH) has entered into a number of agreements to sell around 94,600 hectares of its forests for a total NZ$441m. Almost all of the forest (94,300 hectares) is being sold to a consortium comprising Rayonier Inc. and RREEF Infrastructure, the global infrastructure arm of Deutsche Asset ...

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