Complex sentence: In April 2014, CHH announced the sale of its Pulp, Paper & Packaging business to a Japanese consortium for NZ $1.037bn, with the deal expected to close in the 2nd half of 2014.
Split into simpler sentences: In April 2014, CHH announced the sale of its Pulp, Paper & Packaging business to Japanese consortium for NZ $1.037bn. Deal is expected to close in the 2nd half of 2014.