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20Jan94 FRANCE: RUGBY GROUP SELLS VERTAL TO GLAVERBEL.

The Rugby Group has sold its French glass processing company, Vertal, for £5 million cash to Belgian float glass company Glaverbel.Vertal was bought by Rugby in 1987 with the intention of building a Europe-wide glass products division. But a 'group structure review' conducted last year resulted in the decision to find a buyer for the company. The deal involves Glaverbel assuming about £10 million borrowings.Alan Thompson, group finance director with the Rugby Group, said: ...

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