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UPDATE 3-UK boilermaker Baxi agrees merger with De Dietrich

by admin on Jul.04, 2009, under Business News, Investing News

LONDON, July 3 (Reuters) – Debt-troubled UK heating products
maker Baxi [BCPRTG.UL] said on Friday it had agreed to merge
with Dutch rival De Dietrich Remeha to boost its capital
position and create one of Europe’s biggest heating products
companies.

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