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November 12, 1997updated 01 Sep 2016 3:09pm

ACORN FREES ITSELF FROM OLIVETTI

By CBR Staff Writer

The future looks brighter for Acorn Plc as it frees itself further from the grip of the struggling Italian Olivetti group. Olivetti sold 15% of its stake and is expected to sell its remaining holding shortly. Two years ago Olivetti held a majority of the shares. Acorn has repositioned itself from being an educational computer supplier to a technology group focusing on the design of internet devices and digital interactive television.

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