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• Universal Sells Non-Tobacco Businesses 

Jump to full article: Associated Press (AP), 2006-09-01

Intro:

Universal Corp. said Friday it completed the sale of the non-tobacco businesses of subsidiary Deli Universal Inc. in a deal valued at $527 million in cash and debt after selling expenses.

The buyer is a new company owned by Deli Universal managers, along with NIBC Principal Investments and NPM Capital NV., both based in the Netherlands.

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