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Cape plc finally pays out

A long-running battle for compensation by the British company Cape to South African miners with asbestos-related diseases was settled yesterday for 7.5 million pounds. The settlement includes provision for a further 3.1 million pounds by the South African company Gencor, making a total payout to the workers of around 10.6 million pounds. The compensation deal was clinched in March, but formally approved yesterday

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Cape plc finally pays out

Cape/Gencor lawsuits (re So. Africa)