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Proskauer, PPV and Ferrere steer historic Uruguay timber M&A

The sale is the largest agribusiness transaction in Uruguayan history/istock.com/Bartfett

Proskauer Rose LLP in New York and Posadas, Posadas & Vecino in Montevideo have helped a consortium led by Brazilian bank BTG Pactual’s timber fund buy US real estate investor Weyerhaeuser’s Uruguayan timberlands and manufacturing business for US$403 million.

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