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Fresh MBO proposal at Fairview

Fairview has received a new buyout proposal from management valuing the South East housebuilder at £295m.

An announcement about the 170p a share bid is expected within weeks, according to advisers.

A first approach came in April when conditions were less favourable.

Financial Times 17/10/00 page 35
The Times 17/10/00 page 30 (Tempus)
The Independent 17/10/00 page 21 (The Investment Column)

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