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Climate Change Capital Sells Bradley Stake, Carbon Finance Says
2010-07-20 17:01:44.456 GMT
By Mathew Carr
July 20 (Bloomberg) -- Climate Change Capital Ltd., a
London-based investor in greenhouse gas credits and allowances,
sold its share of MJ Bradley & Associates for an undisclosed
sum, the Carbon Finance news service reported.
The stake in the U.S. environmental consultant was bought
back by founder Michael Bradley, partly because the U.S. market
was no longer "looking exciting" to Climate Change Capital,
Bradley said, according to the report. There wasn't enough
synergy with Climate Change Capital's asset-management unit to
buy more of MJ Bradley, the report said, citing the London
company's spokesman.
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--Editor: Mike Anderson
To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net
