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01/08/2013 - 14:55

Elders sells Futuris for $69m

01/08/2013 - 14:55

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Debt-laden Elders has sold its car interiors business Futuris Automotive to a US private equity firm for $69 million.Proceeds from the sale to Clearlake Capital Group will be used to reduce the company's net debt by about $56 million, Elders said.

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