GNB JOINS IN LEVERAGED BUYOUT OF FRENCH UNIT

  &lt;GNB Inc> said it joined
  with the management of the French company Compagnie Francaise
  d'Electro-Chimie to purchase the company for an undisclosed
  amount.
      The French company, which produces lead-acid batteries, had
  sales in 1986 of 75 mln dlrs, GNB said.
  

