Richmond pulls potential sale of entire 61.4% Amigo stake

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Richmond Group said it had decided not to proceed with a potential sale of its 61.4% holding in guarantor loan provider Amigo Holdings.

The company, however, said it continued to actively consider selling some shares in Amigo. 'Richmond envisages remaining a significant shareholder in Amigo for the long term, but Richmond's intention to diversify its portfolio remains,' it added.

At 8:10am: (LON:AMGO) Amigo Holdings Plc share price was -7.75p at 284.25p