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UK - Private equity interest in Creston

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US-based private equity firm Cartesian Capital Group is believed to have declared an interest in acquiring Creston Plc, a London-listed marketing and communications agency.

Creston, established in 2001, is a holding company that owns 12 businesses in the communication and marketing sector. The business is based in London and generated profits of £6.6m in the first half of 2008.

No indicative offer has yet been made. Cartesian already owns 10% of the company.

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