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Shop Direct - sale mooted

A report which originated at Sky News has it that the Barclay Brothers are reviewing a potential sale of their stake in Shop Direct now that the business is in a strong position. Other comment has suggested that the business may float and that it could achieve a value of c£2 billion. Shop Direct posted sales of £1.8 billion for the year to 30 June 2015 and pre-tax profits of £71.7 million.  

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