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Kemrock Ind to buy Italy's Top Glass
New Delhi, Feb 11 (UNI) Kemrock Industries ad Exports Ltd today said it has reached an in-principle understanding to acquire Italy-based Top Glass SpA.
''The acquisition of majority holding would enable Kemrock to integrate Top Glass' World renowned technical Capabilities in the field of pultrusion,'' a company statement said.
Top Glass will remain an autonomous, entity as a subsidiary of Kemrock, it added.
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Story first published: Tuesday, February 12, 2008, 12:24 [IST]
