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Paramount on the acquisition trail

Paramount is on the acquisition trail to boost its pub numbers.

The Chester-based tenanted pub group says it is actively seeking deals to add to its 150 houses. It is looking at all options whether sale and leaseback, securitisation or buying other outlets.

It reported it had turned £1.4m losses into an annual pretax profit of £539,000.

The Times 11/11/98 page 32

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