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.
Timber News Service subscribers - click here to read the full article.
Not a subscriber?