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Admiral Will Not Sell Web Stake ; INSURANCE

Jul 12, 2007

Car insurance group Admiral yesterday dropped plans to sell a minority stake in its price comparison website Confused.com after saying its private equity suitors were demanding too much control. Admiral will retain full ownership - Confused.com is valued at pounds 600-650 million.

(c) 2007 Birmingham Post; Birmingham (UK). Provided by ProQuest Information and Learning. All rights Reserved.



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