Weyerhaeuser (WY) announced updates on recent actions to “enhance portfolio quality and value through a series of strategic and capital-efficient timberland transactions.” In Q3, the company completed two acquisitions totaling $459M, including its previously announced transaction for timberlands in North Carolina and Virginia. Additionally, in Q3 Weyerhaeuser advanced three divestiture packages of non-core timberlands – two of which were closed or under contract in early October, totaling $410M of expected cash proceeds by year end. The company anticipates the third divestiture to close in early 2026, with total proceeds from all divestitures expected to exceed the cash outlay required for its recently completed acquisitions.
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