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Zacks: Rayonier closes acquisitions of timberlands from Manulife for US$454M, a move in sync with company's efforts to enhance scale, portfolio quality; Rayonier rated buy, and shares have gained 11.2% quarter-to-date versus industry's growth of 8.6%
Published: December 20, 2022 by Zack's Commentary
Rayonier completes timberland acquisitions totaling some 137,800 acres across Texas, Georgia, Alabama, Louisiana from Manulife Investment Management for about US$454M
Published: December 20, 2022 by Business Wire
Manulife makes pledge to World Economic Forum's 1t.org to scale nature-based solutions in effort to mitigate climate change; pledge includes scaling carbon-focused forestry investments and C02 sequestration through forests it manages over five years
Published: December 12, 2022 by Canada Newswire
RBC Capital: Rayonier's reported US$474M bid for Manulife's 172,400-acre timberland property Dionysus sets record high for US South, is likely to raise price expectations in 2023
Published: December 08, 2022 by RBC Capital Markets LLC
Manulife Investment Management launches Forest Climate Fund, offering opportunity to invest in sustainably managed forests globally that prioritize carbon sequestration over timber production; fund target for committed capital is US$500M
Published: December 01, 2022 by PR Newswire

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