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DESC.(Mexico)(Brief Article)


DESC, a Mexican industrial conglomerate, said it paid US$256 million towards its debt, bringing its total debt burden down to $757 million. The company said a recent capital increase enabled it to service the debt.

COPYRIGHT 2004 Freedom Magazines, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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