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Ashley buys

4th May 1989, Page 16
4th May 1989
Page 16
Page 16, 4th May 1989 — Ashley buys
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Which of the following most accurately describes the problem?

• Ashley Group, the distribution company being set up by former executives of the Dee Corporation, has bought Spanish food distributor Alcamenes Castillo for 219.9 million. Alcamenes made £1.9m on turnover of 240.9m in the 14 months to the end of February.

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