Photobition in sale rumours

Graphics group Photobition is believed to have approached venture

capitalists for backing to take the company private in a pounds 300m

deal.



Photobition has been affected by profit warnings and has suffered

trading difficulties in the US.



An outside bid may prompt the management team to try to rush through a

sale. Any deal would have to refinance the company's pounds 100m

debt.



Investec Henderson Crosthwaite analyst Louise Barton said: 'Speculation

surrounding a management buyout is a complete misquote. But there has

been some speculative interest and this has helped push the share price

up.'



At the time of going to press, the share price had risen 16.3p to 53.5p.




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