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Very Group’s sale process is set to be scrapped after bidders including JD.com (JD) declined to meet Carlyle’s (CG) GBP 2bln minimum price, Sky News reports
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Very Group's sale process is being scrapped after bidders including JD.com rejected Carlyle's GBP 2bln minimum valuation, leaving Carlyle expected to retain ownership of the retailer.
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Carlyle is expected to retain ownership
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