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CIP Merchant Capital said it had syndicated a minority part of its investment in Italian veterinary clinic owner 7Star to investors.
The company said its €6.11m investment had consequently been reduced to €4.41m.
The remaining interest would be split €1.88m as equity and €2.53m as an interest free loan.
At 2:29pm: (LON:CIP) Cip Merchant Capital Limited Ord Npv share price was 0p at 65p