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March 12, 2007
UK telecoms and internet hosting company, Pipex Communications, said Monday that it was looking at various options including a sale of the company.
The company said the investment bank UBS, had been appointed as its advisor.
Following a story in the British paper, The Sunday Express, Pipex said Monday: “This process is at a very early stage and there can be no certainty that a transaction will result.”
The Express said Pipex chairman, Peter Dubens, was looking for an offer of between 16 pence and 22 pence per share.
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