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Read this: Can Richard Desmond repeat his OK! success with Channel Five? | Markets Analysis

Summary: Reports indicate that Desmond is likely to pay its owner, RTL Group, no more than 100 million, which roughly equates to its book value. Hopes by RTL's chief executive, Gerhard Zeiler, that he would do much better have come to nought. Desmond, it is said, presents fewer complications in terms of regulatory hurdles. -

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