11:43 AM EST - TimberWest Forest Corp. : announced today that it has entered into a definitive agreement under which two leading Canadian pension funds, British Columbia Investment Management Corporation and the Public Sector Pension Investment Board, have agreed to acquire TimberWest for $1.03 billion in cash, including assumed debt. TimberWest Forest Corp.
shares T.TWF.UN are trading up $1.21 at $6.63.
