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US bid for ForestrySA

The Future Fund is helping to finance a move by United States timber investment manager The Campbell Group in a A$600 million offer for South Australian forestry assets.
The US group will bid in the South Australian Government’s forestry auction of 94,000 hectares of ForestrySA plantations. The Future Fund has been an investor in The Campbell Group since 2010.
Expressions of interest in the sale were scheduled to have closed at the end of January.