Averon Park, a parent company of a large trading group, offered to acquire Foresight Sustainable Forestry, a company offering direct and liquid access to the attractive investment characteristics of UK forestry and afforestation projects, for £167m. "The offer from Arizona Bidco is at a price that represents a significant premium to the volume weighted average price for the past three months. We believe this offer represents good value for shareholders, and therefore we are recommending it. The structure of the deal means investors can continue to participate in the compelling investment fundamentals presented by the forestry and carbon credit industries through a private structure," Richard Davidson, FSFC Chairman.