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Deal with Hilco UK not acceptable, says Woolworths shareholder
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Datamonitor
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November 22, 2008
Iranian developer Ardeshir Naghshineh, who owns 10.2% of Woolworths, has said that the proposed deal between the retailer and turnaround company Hilco UK is unacceptable, reported the Financial Times. Woolworths is in talks with Hilco UK for the sale of its 800-store retail division for a nominal su...
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