Date Closed

June 29, 2011

Lead Office

Vancouver

Value

1.03 Billion CAD

On June 29, 2011, TimberWest Forest Corp. ("TimberWest" or the "Company") announced the completion of the plan of arrangement under which British Columbia Investment Management Corporation ("bcIMC") and the Public Sector Pension Investment Board indirectly acquired all of TimberWest's outstanding stapled units at a price of $6.16 in cash per stapled unit (the "Transaction"). 

TimberWest, headquartered in Vancouver, British Columbia, is uniquely positioned as western Canada's largest private timber and land management company.

McCarthy Tétrault LLP represented TimberWest Forest, as target, with a team led by Richard Balfour.