No sale talk at LA

February 2005
Cabinet Maker;2/11/2005, Issue 5425, p4
Trade Publication
The article reports that Laura Ashley Holdings PLC has denied it is in talks to sell the company after reports that an unnamed retail entrepreneur had approached it. Shares climbed 8% early this week after a newspaper reported that Khoo Kay Pen, its Malaysian chairman, was considering selling his majority stake. But the gains were wiped out after the board denied it was in talks with the unnamed businessman.


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