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Carpetright to be bought by largest shareholder

A branch of Carpetright is seen in south west London
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(Reuters) - Britain's Carpetright said on Friday it had agreed to be taken over by its largest shareholder Meditor, which values it at £15.2 million.Shareholders of the struggling floor coverings retailer will receive 5 pence per share in cash, representing a premium of 18%.
Date Published: Nov 15, 2019
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