(AFX UK Focus) 2009-12-04 04:01 Royal Mail agrees to sell Camelot stake -Times (Interactive Investor)

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LONDON, Dec 4 (Reuters) – Royal Mail has agreed to sell its 20 percent stake in Camelot, the British national lottery operator, meaning that all shareholders now agree to the sale of the company, reported the Times on Friday. Fellow shareholders had been pressing Royal Mail to make the move, which simplifies the sale process and increases the likelihood of Camelot reaching the top end of a 300 …

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