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Japan's Lixil Sells Stake In Home Goods Unit For $525M

By Sierra Jackson ( June 9, 2020, 4:44 PM EDT) -- Lixil Group Corp., the Japanese company behind brands including American Standard and Grohe, said Tuesday it plans to sell its stake in home goods unit Lixil Viva to retailer Arcland Sakamoto for 56.6 billion yen (about $525 million)....

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