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Finance in brief

Palmer buys stake in location agent

Palmer Capital Partners has acquired a 25% stake in Location Strategy Management, consultants on international location and relocation project managers.

Hammerson continues buy-back

Hammerson has spent £21.4m on buying back its own shares. The group said this week that it had purchased 4.8m shares for cancellation, at 444p per share. It has bought back more than 15m shares since September.

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