
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, January 20, 1994                   TAG: 9401200089
SECTION: BUSINESS                    PAGE: B-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

BRIEFLY . . .

Hillenbrand Industries, Batesville, Ind., owner of Medeco Security Locks Inc. and an electronics division at Salem, on Wednesday declared a 26.7 percent increase in its quarterly dividend, to 14 cents a share from 11 cents. The new dividend is payable on Feb. 25 to stockholders on Feb. 11.

Sara Lee Corp., Chicago-based operator of knitwear mills in Martinsville and a L'eggs distribution center in Salem, said it had acquired Kiwi Brands Ltd., a South Africa-based maker of shoe-care goods and other consumer products.

Federal-Mogul Corp., Southfield, Mich.-based operator of an engine bearings plant in Blacksburg, said Wednesday it intends to offer 4 million shares of common stock. Proceeds will be used to repay a portion of the outstanding debt.

by CNB