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U.K.'s Sanctuary Group Might Sell Rough Trade Stake
November 27, 2006 at 12:37 PM (PT)
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SACTUARY GROUP PLC announced that it is in talks to sell the 49% stake it owns in ROUGH TRADE RECORDS LTD., which is likely to record a pretax loss of about 2.8 million pounds for the fiscal year ended SEPTEMBER 2006.
The loss may result in a SANCTUARY 2006 EBITDA loss that is wider than expected, since ROUGH TRADE was anticipated to break even.
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