Oct 27, 2010. /Lesprom Network/. M-real has signed an agreement regarding the partial divestment of the Reflex mill to Metsä Tissue Corporation for approximately Euro 10 million. Closing of the transaction is to occur in the beginning of November, M-real Corporation said in a statement received by Lesprom Network. The transaction includes the paper machine 5 and related real estate as well as certain infrastructure assets. Metsä Tissue will start producing baking and cooking paper products in the paper machine. As part of the transaction, 74 employees will transfer to the service of Metsä Tissue. M-real will book a positive Euro 15 million non-recurring item in Speciality Papers business area's operating result related to the transaction proceeds and the partial reversal of earlier announced personnel cost provisions and earlier booked impairment, of which Euro 8 million will be booked in the 3Q 2010 and the rest in the 4Q 2010. Cash impact is in total approximately Euro 10 million positive taking into account certain investments needed in the Premium Papers production at the site. M-real will continue to further develop the Paper park concept at the Reflex site.