December 5, 2017 / 6:13 AM / in 12 days

BRIEF-Cham Paper Group Sells Its Speciality Paper Business To Sappi Group

Dec 5 (Reuters) - CHAM PAPER GROUP HOLDING AG:

* EQS-ADHOC: CHAM PAPER GROUP SELLS ITS SPECIALITY PAPER BUSINESS TO SAPPI GROUP

* FOLLOWING DIVESTMENT OF PAPER BUSINESS, WILL FOCUS ON ITS REAL ESTATE BUSINESS

* SALE AT ENTERPRISE VALUE OF CHF 146.5 MILLION WILL RESULT IN INFLOW OF APPROX CHF 125 MILLION IN CASH TO GROUP

* A BASE DIVIDEND OF AT LEAST CHF 6.00 PER SHARE TO BE PROPOSED TO AGM AS OF FINANCIAL YEAR 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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