ABM Industries Inc (ABM.N)
26 May 2017
By Robert Iafolla ABM Industries Inc announced on Tuesday that it will pay $110 million to settle a class action accusing the company of failing to give uninterrupted rest breaks to thousands of security guards in California.
* ABM Industries enters into agreement to settle class action lawsuit
LONDON Israeli furniture maker Keter Group’s acquisition of Italian plastic furniture manufacturer ABM Italia will be backed with a €300m ($322 million) leveraged loan, banking sources said on Tuesday.
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