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Hagemeyer Dismisses Sonepar's Offer

1:50 AM ET Tue, 23 Oct 2007

Hagemeyer said that Sonepar's offer of 4.25 euros per share is too low on Tuesday, just after releasing third-quarter sales figures, which came in slightly below analysts' expectations. Rudi de Becker, CEO of Hagemeyer, speaks to CNBC's Steve Sedgwick about the results.