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Cambium Global Timberland : TREE – sells property

Cambium Global Timberland has sold its 8,065 acre property in Stewart County, Georgia (US) for $9.1m. They sold another property in Clinch County, Georgia a few weeks ago for $8.6m and they are going to use the proceeds from these sales to repay debt of $6.2m and look at returning surplus cash to shareholders.

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