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Alliance One International Inc. announced in 2008 that its wholly owned subsidiary, Alliance One Tobacco (Malawi) Limited (AOI Malawi) had completed the previously announced sale of its Lilongwe North Factory facility, including one threshing line and other related assets, to Africaleaf Processors Limited. The gross proceeds to AOI Malawi totaled approximately US$14,8 million, of which US$9,5 million was recorded as a gain on the sale of assets.