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Steinhoff rules out offer for Home Retail

18 March 2016 15:29

Steinhoff International Holdings has confirmed it does not intend to make an offer for Home Retail Group.

Steinhoff says it will not announce an offer for HRG in competition with an announcement of a firm intention to make an offer for HRG by J Sainsbury during the current offer period.

At 3:29pm: (LON:HOME) Home Retail Group PLC share price was -11.8p at 169.4p

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