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ERICSON TELEFON TAKE 30% STAKE IN INDELEC WITH PLANS FOR MORE

L M Ericsson Telefon AB has bought a 30% stake in Spanish telecommunications equipment company Indelec SA: Telefonica de Espana SA, which owns another 30% of Indelec, must sell its stake by 1995 to comply with European Community rules, and Ericsson says it will then likely increase its stake in the company.

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