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Cresta off the market

(20 March 2003)

CRESTA has been taken off the market following a lack of offers at the right price, MyTravel has revealed.

The short-breaks specialist was rumoured to have a £40 million initial price tag when it was first put up for sale last November.

A trading statement from the company’s Annual General Meeting said: “Even in this difficult economic climate, we are not prepared to sell any assets at less than fair value.”