TAKING STOCK

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The Independent Online
rEurodis Electron has been dull since Elektrowatt said it intended to sell its 42 per cent interest to the highest bidder. The shares slipped 2p to 296p.

The Swiss group, which increased its stake to 42 per cent in July, needs the cash to help pay for Landis & Gyr, an electronics group. It hopes to complete the sale next week. The Swiss group also intends to sell 29.9 per cent of Unitech.

rLopex, the marketing group, enjoys the distinction of having the highest sales (pounds 145m) to market capitalisation (pounds 8.2m) ratio on the stock market. There are signs the company is recapturing its old form, which lifted its shares to more than 200p, and profits of pounds 2m against an pounds 890,000 loss are expected next month. The shares are 15p.

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