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* Enron Corp., a natural-gas and power company, said its Azurix Corp. water business agreed to buy a 49% stake in a Mexican water and sewage company from closely held Samsa for an undisclosed price. Industrias del Agua, based in Monterrey, Mexico, has about 2 million customers in Mexico City. Enron will run the company’s treatment plants and handle metering, billing and maintenance.
* Nucor Corp. Chief Executive John Correnti, 52, resigned after a dispute with the company’s board, raising concern about the direction of the No. 2 U.S. steelmaker. Chairman David Aycock, 68, took over as CEO.
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