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Date: 13th January 1994
Service: CEEFAX
Region: N/A
Original Broadcast Channel: BBC2
Current Page: 205
Note:If this page has sub-pages, they will all appear in a line!
P205 CEEFAX 205 Thu 13 Jan 21:11/48 BERISFORD TO BUY MAGNET FOR £56m Commodities and property group Berisford International is buying furniture group Magnet for £56m. Berisford will finance the deal with a one-for-two rights issue at 120p a share. The company has been looking for a takeover target since shareholders blocked a £184m bid to acquire Clarks shoes last May. Berisford believes Magnet is set to benefit from the upturn in consumer confidence and says its bid price is "attractive". Currencies 250 SHARECHECK 220Next News Shares £/$ Major Annuities