BRIEF TRANSMISSIONS

- WatersTechnology Staff
- 01 Jan 1987

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Toronto-based Crownx, Inc. has acquired 14.9 per cent interest in Mercantile House Holdings PLC, U.K.'s second-largest money broker, for about $66 million. Move is viewed as possible first step in takeover bid. Mercantile owns 49 per cent of ADP Financial Information Ltd. (MTR, June 1986), international joint venture with ADP Financial Information Services. Crownx is parent of Crown Life Insurance, Canada's eighth-largest insurance firm.

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BRIEF TRANSMISSIONS

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