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At the same time the UK Active Value Fund, which has a 17pc stake in the group, was reported as saying it planned to block either a takeover, or a move to put the group into administration, and is understood to be proposing its own refinancing package instead. The UK Active Value Fund, which owns 10 per cent of Caradon, is Last month, the almost unknown Laxey Partners, an active value fund manager based on the |
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