OneFortyOne Plantations Holdings Pty Ltd - Global Forest Partners LP’s softwood plantation assets (Green Triangle Forest Products)

Acquirer(s)

  • OneFortyOne Plantations Holdings Pty Ltd

Target(s)

  • Global Forest Partners LP’s softwood plantation assets (Green Triangle Forest Products)

Summary

OneFortyOne Plantations Holdings Pty Ltd proposed to acquire 100% of the units in World Timberfund Australia Trust, which owns the business known as Green Triangle Forest Products, from investors managed by Global Forest Partners LP.

Market inquiries

Document title Date

Timeline

DateEvent
03/02/2021ACCC commenced informal review under the Informal Merger Review Process Guidelines.
17/02/2021Closing date for submissions.
12/03/2021ACCC requested further information from OneFortyOne.
29/03/2021ACCC is awaiting information from OneFortyOne. Former provisional date for announcement of findings (16 April) is delayed.
27/04/2021ACCC discontinued its public review after OneFortyOne Plantations Holdings Pty Ltd informed the ACCC of its intention to withdraw its proposed acquisition of Global Forest Partners LP's softwood plantation assets (Green Triangle Forest Products).