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Shock for MAE
18th May 1989, Page 14
18th May 1989
Page 14
Page 14, 18th May 1989
— Shock for MAE
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• Armstrong Equipment's shock absorber division has been acquired by US company Tenneco for £58 million: it will become part of Tenneco's subsidiary Monroe Auto Equipment.
Nedlloyd shares
• Dutch transport firm Royal Nedlloyd, which recently joined Ocean Transport and Trading, has seen its share price more than double following takeover speculation.