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January 29, 1997updated 05 Sep 2016 12:13pm


By CBR Staff Writer

No further room for dissembling or unreasoned hope: Ing C Olivetti & Co SpA announces its preliminary 1996 group results late today. They could include huge write-down and restructuring charges and the share price went into a decline, slumping almost 7% before settling off 1.81% at 645 lire as the market wallowed in fears that net losses could come to $560m or even more for 1996.

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