Belron To Buy Bankrupt Diamond Glass for $54.6M
On Friday, Judge Christopher Sontchi of U.S. Bankruptcy Court for the District of Delaware approved the sale of Diamond Glass to Belron US, a glass repair subsidiary of Belron SA of Luxembourg. Belron outbid stalking horse bidder Guggenheim Corporate Funding LLC and Newport/Levine Acquisition LLC at Thursday's auction.
Diamond Glass had anticipated selling its assets to the affiliate of Guggenheim,...
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