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Poon loses vote at Harvey Nicks

13 April 2012

HONG Kong tycoon Dickson Poon's plan to delist Ab Fab's favourite department store, Harvey Nichols, was formally scuppered after 55% voted in favour, short of the 75% needed. Poon will try again. Deutsche Asset Management, with 14.9%, said his 250p a share offer is not enough. The shares rose 5 1/2p to 243p.

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