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Global brake-up

9th January 1992, Page 10
9th January 1992
Page 10
Page 10, 9th January 1992 — Global brake-up
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Which of the following most accurately describes the problem?

• Eaton Corporation and Lucas Industries have scrapped a plan to merge their global interests in braking and related systems for medium as well as heavy duty trucks.

Eaton says that both companies decided "that it had become apparent it was no longer in their mutual best interests to proceed with the venture".

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