Rayonier in the $710 million sale of its New Zealand joint venture interest to The Rohatyn Group

On March 10, 2025, Rayonier Inc. (NYSE:RYN) and The Rohatyn Group (TRG), an investment firm specializing in emerging markets and real assets, announced an agreement for Rayonier to sell the entities that hold its 77% interest in a New Zealand joint venture to a special purpose vehicle formed by Ents LP, an investment fund managed by TRG, for $710 million, subject to net debt, working capital and other adjustments.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Rayonier.