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Alliance Boots debt sale shelved – report
August 7, 2007, 7:23 am
Filed under: International Company News

Deutsche Bank, JPMorgan Chase and UniCredit had cancelled the sale of £1 billion (R14.5 billion) of loans for Alliance Boots after failing to find investors, two people with direLondon – Deutsche Bank, JPMorgan Chase and UniCredit had cancelled the sale of £1 billion (R14.5 billion) of loans for Alliance Boots after failing to find investors, two people with direct knowledge of the deal said on Friday.

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Sainsbury wants Qataris to up bid equity
August 7, 2007, 7:18 am
Filed under: International Company News

J Sainsbury would urge Delta Two, a Qatar-backed investment fund bidding for the UK retailer, to increase the amount of equity in its £10.6 billion (R154 billion) offer this week, the Sunday Telegraph said yesterday, citing an executive close to the Sainsbury board.

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Lewis revenue swiftly bounces back from teething trouble of new credit regime
August 7, 2007, 7:14 am
Filed under: Local Company News

Lewis Group, the first furniture retailer to issue a trading update after the National Credit Act was introduced in June, said on Friday revenue had recovered quickly from problems in implementing the new lending regime.

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Woolworths raises its profit forecast
August 7, 2007, 7:10 am
Filed under: Local Company News

Woolworths Holdings increased its annual profit forecast because of a property sale and lower tax rate, the retailer said on Friday.

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