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Batus Inc., the U.S. holding and management...

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From Times Staff and Wire Reports

Batus Inc., the U.S. holding and management company of BAT Industries PLC, said it has completed the previously announced sale of New York-based Saks Fifth Avenue to Investcorp . . . Houston-based Baker Hughes Inc. reported that the number of working oil and natural gas rigs in the United States remains steady at 1,020, with a loss of only one rig this week. A year ago, the count was 817.

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