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CGD won't confirm purchase of Barclay's 10.6 pct stake in PT Multimedia


Published : Mon, 30 Apr 2007 13:12
By : Agencies
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LISBON (Thomson Financial) - Portuguese state-controlled savings bank Caixa Geral de Depositos declined to comment on press reports saying that it has acquired the 10.6 pct stake in PT Multimedia SGPS previously held by Barclays Bank.

According to an unsourced report in weekly Sol, CGD will become PTM's largest shareholder, with about 15 pct of the cable operator and entertainment group, after buying the Barclays stake.

luis.morais@thomson.com

lm/jg/an

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