Gunns expands its investments in forestry via acquisition
Thursday, December 10th, 2009
Staying with forestry investment news in Australasia as promised, Gunns has just completed the acquisition of ITC Timber for A$88.5 million. This forestry acquisition follows the statement by the Australian Competition and Consumer Commission that it did not intend to oppose the acquisition.
Speaking on behalf of Gunns, Wayne Chapman stated “The acquisition represents a logical [...]
