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best buy, carphone warehouse, egmCarphone confirms Best Buy purchase

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US retailer now set to move into UK and Europe within months

Best Buy is set to move into the UK and Europe following shareholders in the mobile phone retailer voting to approve the purchase of 50 per cent of the firm by the American company at its EGM yesterday.

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The approval means that Best Buy is now set to enter the UK market within the next six months, following the formation of the new company.

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