P525ORACLE 525 Mon 3 Mar C4 1712:09
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GRAND MET'S £14m
SELL-OFF IN BRIEF
Grand Met has sold its stake in West
German brewers and soft drinks firm
Stern Brauerei Carl Funke for £14m
The board of DIY outfit Home Charm
says that talks about a possible
takeover offer for the company have
been called off.
Share dealings in both Staffordshire
Potteries and the Coloroll Group have
been suspended.
Thorn EMI has collected £6.1m from
the disposal of TEG, a West German
electrical wholesaling business. >>>>>
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H/LIDAYS ABROAD 581 & 582
P525ORACLE 525 Mon 3 Mar C4 1710:56
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BUSINESS NEWS
IN BRIEF
Japan has agreed to discuss concerted
interest rate cuts at the next OECD
meeting in Paris on April 17, Japanese
foreign ministry officials say.
Construction outfit McAlpine is
buying American firm Becker Sand and
Gravel for almost £9m.
International Business Communications
is to pay £2.5m for Stonehill
Publications.
ICI's paints division is continuing
its programme of expansion in Europe
wit the acquisition of West German
powder coatings specialist Knopp KG.
>>>>>
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