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MIK PROPERTY SALE

27th September 1986
Page 96
Page 96, 27th September 1986 — MIK PROPERTY SALE
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Which of the following most accurately describes the problem?

• Kwik-Fit (Tyres and Exhausts) is, according to the Daily Telegraph August 2 city pages, cutting its borrowing by £6.25 million with its cash sale of a substantial part of its investment property folio to Chigwell Properties.