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25Jun92 UK: BM GROUP DROPS THWAITES PURCHASE.

BM Group has pulled out of talks to buy dumper manufacturer Thwaites.The move follows the Government's decision to refer the deal to the Monopolies and Mergers Commission, and throws the future of Thwaites back into the melting pot.The Board of Trade claimed the takeover raised competition issues in the UK dumper market, but BM maintained it would not be against the public interest.BM said it was not prepared to devote considerable management time and money to an MMC presentation on ...

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