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Clyde Blowers bucks trend with $1bn worth of acquisitions

Jim McColl's Clyde Blowers has defied the credit squeeze to buy four businesses from a US corporation in a massive $1bn (£565m) deal that promises to treble the size of Glasgow-based Clyde Pumps.

Jim McColl's Clyde Blowers has defied the credit squeeze to buy four businesses from a US corporation in a massive $1bn (£565m) deal that promises to treble the size of Glasgow-based Clyde Pumps.