CLABIR &lt;CLG> UNIT AGRES TO BUY POPSICLE CANADA

  Clabir Corp said its 86 pct
  owned affiliate, Ambrit Inc &lt;ABI>, has agreed to acquire the
  Popsicle Industries division of &lt;Sara Lee Corp of Canada Ltd>
  for about 37 mln Canadian dlrs in cash.
      Clabir said the purchase from the Sara Lee Corp &lt;SLE>
  subsidiary is worht about 28 mln U.S. dlrs.
      The agreement is subject to Canadian regulatory approval.
      Popsicle Canada, through its 19 licensees, is the largest
  maker and distributor of frozen novelty products in Canada,
  Clabir added.
  

