Timber News

Harvard sells partial share of NZ timberland operation [From the web]



AUCKLAND, NEW ZEALAND , Dec. 18, 2012 (Local News) - 

Public Sector Pension Investment Board, Montreal, and the New Zealand Superannuation Fund agreed to purchase stakes of 30% and 1.25%, respectively, in the New Zealand-based Kaingaroa Forest from Harvard Management Co., according to a news release Tuesday from the Auckland-based New Zealand fund.

Details on the price weren't provided.

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