Kemrock Ind to buy Italy's Top Glass

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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.

UNI SG MP DB1344

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