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Houston-Based Funeral Services Company Sells Two Foreign Operations.

Publication: Houston Chronicle (Houston, Texas) (via Knight-Ridder/Tribune Business News)

Publication Date: 11-JUL-00
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COPYRIGHT 2000 Houston Chronicle

Byline: Greg Hassell

Jul. 11--Needing cash to pay down its corporate debt, Service Corporation International has sold its insurance subsidiary in France and funeral operations in Northern Ireland.

The deal to sell Groupe Auxia to Mederic Assurances of France will net the Houston company about $75.1 million. Service Corp....

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