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RAB Capital Gets Directors’ Nod For Buyout

The directors of RAB Capital have agreed to a proposed management buyout.

    The directors of RAB Capital have agreed to a proposed management buyout,Investment Weekreports. Four RAB directors have offered to buy the company for 10 pence a share.

    As part of the agreement, the company will also be delisted from the AIM stock exchange. The company is set to be converted into a new private company called RAB Holdings.

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