Weyerhaeuser(US:WY) Prnewswire·2025-10-30 20:05Core Insights - Weyerhaeuser Company has made significant strides in enhancing its portfolio quality and value through strategic timberland transactions, including $459 million in acquisitions and $410 million in expected cash proceeds from divestitures [1][2]. Summary of Acquisitions - The company completed two major acquisitions in the third quarter, totaling $459 million, which included 117,000 acres in North Carolina for $364 million and 10,000 acres in Washington for $95 million [5]. - The Washington acquisition is expected to yield an average annual timber-only free cash flow yield of 6.1% over the first 10 years, contributing positively to the company's Western Timberlands business [5]. Summary of Divestitures - Weyerhaeuser advanced three divestiture packages of non-core timberlands, with two transactions closed or under contract in early October, expected to generate $410 million in cash proceeds by year-end [1][2]. - The divestitures include 28,000 acres in Oregon for $190 million and approximately 86,000 acres in Georgia and Alabama for $220 million, with a third divestiture in Virginia expected to close in early 2026 [5]. - The divestitures are anticipated to occur at a combined timber-only Adjusted EBITDA multiple of 45x, indicating a strong financial return on these non-core assets [5].