Coats to Hang Out on London Market

One of the UK’s oldest names in textile—Coats, is set for a London stock market return within two years as part of a corporate restructuring by its owner Guiness Peat Group, the activist investment company.
GPG, quoted in London and New Zealand, took Coats private in 2003 after making a takeover offer of £414m for the thread manufacturer.

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  2012-05-22 17:30

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