UK: Clarks Chief Does Not Rule Out Flotation
Clarks, the UK's biggest shoe retailer, on Wednesday said it would not come to market for at least another two years, the Financial Times reported. Roger Peddar, chairman and a member of the Clark family that has owned the business for 175 years, said a flotation was "not off the agenda". However, he said it was unlikely that the company would consider coming to market before 2003.
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