-+ 0.00%
-+ 0.00%
-+ 0.00%

EU Commission OKs Joint Takeover of Chilean Timberland Assets by BCI, APG, TIG

MT Newswires·08/26/2026 06:17:21
Listen to the news
06:17 AM EDT, 08/26/2026 (MT Newswires) -- The European Commission approved the acquisition of Hancock Chilean Plantations SpA's timberland assets in Chile by Canada's British Columbia Investment Management, the Netherlands' APG Asset Management, and the US' BTG Pactual Timberland Investment Group. The regulator said Wednesday the joint control deal, primarily related to timberland and forestry, will not raise competition concerns due to the limited impact on the European Economic Area.