Industrial Equity (Pacific) Ltd., the Hong Kong...
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Industrial Equity (Pacific) Ltd., the Hong Kong investment firm controlled by New Zealand financier Ronald Brierley, has agreed to postpone its plan to acquire Los Angeles-based CalMat Co. for 30 days . . . Armtek Corp.’s board of directors approved the previously reported sale of its Armstrong Tire Co. subsidiary to Italy’s Pirelli Group for $190 million.
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