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$52m Willis Corroon sale

Saturday 30 December 1995 00:02 GMT
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$52m Willis Corroon sale

Willis Corroon, the insurance brokers, have sold a US property, Willis Corroon Plaza, for $52m (pounds 35m).The company, which aims to use the cash from the sale to reduce borrowings and for other corporate purposes said the financial effect of the transaction on the group in 1996 would be broadly neutral.

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