Together with two investment companies New Zealand's forest products group Fletcher Challenge took over state-owned Forest Corporation for NZ$2.03bn. The takeover price is also including NZ$426m of debts. Forestry Corporation owns cutting rights for 188,000 ha of forest on Northern Island, corresponding to around 12% ...
FC takes over state-owned timberland
You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password.
- Ad -