STANADYNE &lt;STNA.O> PURCHASES AMBAC STAKE
  Stanadyne Inc said it has acquired
  a substnatial majority of AMBAC S.p.A.'s outstanding stock from
  &lt;AIL Corp>, the successor to United Technologies Corp's &lt;UTX>
  Diesel Systems Division for undisclosed terms.
      In addition to purchase a majority of the Brescia, Italy,
  based company, Stanadyne said, it acquired a minority interest
  in AMBAC's U.S. operation headquartered in Columbia, S.C.
  

