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UK - Permira to raise HMV bid, say reports

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Press reports suggest that Permira is preparing a 200 pence a share revised bid for HMV, the book and music retail chain.

It is understood that Permira is considering raising its original 190 pence a share bid for the group. Permira's initial offer was rejected by the board of HMV which claimed it undervalued the business.
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