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Timberland LLC is an American manufacturer and retailer of outdoor footwear and apparel owned by VF Corporation. The company also sells accessories including watches, eyewear, and leather goods. The company also sells accessories including watches, eyewear, and leather goods.
In 2011, VF Corporation announced its intention to purchase Timberland for $2.2 billion, [15] a deal that would close in September that year. [16] On 21 December 2012, VF Imagewear was awarded a multimillion-dollar contract to provide uniforms and insignia for U.S. Customs and Border Protection officers. [17]
Piper Sandler has identified Timberland Bank as one of the top performing, publicly traded small-cap banks and thrifts in the nation. In its “Bank and Thrift Sm-All Stars: Class of 2024” report, Piper Sandler recognized Timberland among the top 30 best performing small capitalization institutions from a list of publicly traded banks and ...
In 2013, the bank, through its subsidiary BTG Pactual Timberland Investments Group LLC, acquired forest asset management contracts from Regions Timberland Group, a division of Regions Bank, the acquisition expanding its investment in forest assets.
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In 2021, it acquired Howard Bancorp (Howard Bank) of Maryland, and the acquisition was completed on January 22, 2022. [23] In June 2022, FNB announced the purchase of UB Bancorp of Greenville, North Carolina, with $1.2 billion in assets and 15 Union Bank branches, for stock valued at $117 million. [24] The deal was completed December 12. [25] [26]
But the creation of the plantations came at a steep price. To make way for those industrial fields of palm trees, some 30,000 acres of rainforest were cut down, a swath of destruction that one ...