28th Sep 2005 08:37
HMV Group PLC28 September 2005 28 September 2005 HMV Group plc Sale of HMV Australia HMV Group plc today announces that it has agreed to sell its HMV Australiasubsidiary, which operates through 32 stores, to Brazin Limited for a total cashconsideration of AUS$4.0m (£1.7m). Alan Giles, Chief Executive, commented: "This simplifies our operations in HMVAsia Pacific, and enables the Group to focus on its larger businesses." ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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