Sharing a coffee

Thursday 03 June 1999 00:02 BST

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Sharing a coffee

COFFEE REPUBLIC, the Aim-listed coffee bar operator, yesterday said it was raising pounds 7.4m to fund new outlets in a placing and open offer of 61.7 million shares priced at 12p. It reported a pre-tax loss of pounds 1.8m on turnover up 370 per cent to pounds 5.2m.

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