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German media group Bertelsmann plans to sell its 50 percent stake in music company Sony BMG and its wholly owned music publishing arm to avoid a stock market listing, newspapers reported on Monday.
Groupe Bruxelles Lambert (GBL), the investment vehicle of Belgian financier Albert Frere, has said it plans to take public its 25 percent stake in Bertelsmann, a company which has been closely held for 170 years.

Copyright Reuters, 2006

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