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UPDATE 3-UK boilermaker Baxi agrees merger with De Dietrich
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FinanzNachrichten.de
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July 03, 2009
LONDON, July 3 (Reuters) - Debt-troubled UK heating products maker Baxi 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. Private equity-owned Baxi, which had debt of around 630 milli...
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