Federal-Mogul to sell Greek auto parts distributor to customers

SOUTHFIELD, Mich. (July 13)—Federal-Mogul Corp. has agreed to sell its Greek distribution operations to two of its customers in the country, A.G. Raskos S.A. and Stylidis S.A. Federal-Mogul employs 35 at distribution operations in the Greek cities of Athens and Thessaloniki. The division posts sales of $5 million to the independent aftermarket.