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Condor Ferries valued at £300m in sell-off plan
Wednesday, 24 Jan, 2008
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Channel Islands ferry firm Condor has reportedly been put up for sale for £300 million.
Owner Royal Bank of Scotland has appointed Deutsche Bank to handle the sale, according to the Daily Telegraph.
Condor operates a mix fast ferries and traditional vessels from Poole, Weymouth and Portsmouth to destinations including the Channel Islands and France.
The ferry company is among assets being sold by RBS following its acquisition of Dutch bank ABN Amro.
by Phil Davies
Phil Davies
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