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Dixons Carphone: agrees to sell The Phone House Spain.

(CercleFinance.com) - Dixons Carphone said on Friday that it has entered into an agreement to sell its entire holdings in The Phone House Spain to Bilbao-based IT company Global Dominion Access.


After the deal's completion, Dixons Carphone will receive a consideration of 55 million euros, minus adjustments, payable in two tranches.

The British electrical and telecoms retailer said the proceeds would be reinvested back into the business.

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