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HMV Group's Anobii acquired by Sainsbury

A new e-book competitor.

May 2012 - GP Bullhound, the technology investment bank, acted as the financial advisor to HMV Group in the sale of its 45% shareholding in Anobii to J Sainsbury.

HMV Group is a specialist retailer of music, film, games and technology products. The company has over 120 stores in the UK.

Anobii is a social network and online retailer of eBooks.

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