Chavez nationalizes Venezuela arm of US bottle co
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Venezuelan President Hugo Chavez ordered the takeover of the local unit of US glass bottle firm Owens-Illinois on Monday, part of a drive to nationalize large swathes of the food processing and distribution business.
Since an election last month that left the socialist leader's party with a reduced majority in parliament, he has nationalized a large fertilizer factory, a motor lubricants firm and a huge swathe of land belonging to a wealthy British family. (Rueters)
