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Londis - Business Sale
16/03/2004
More than 38% shareholders in Londis, the retail franchise chain, are seeking to block its sale, according to a poll. If the sale is not approved at the extraordinary general meeting, it will have to be have to be abandoned. KPMG is currently looking at bids from Musgrave, Big Food Group, the Co-operative Group, Somerfield and Costcutter.
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