Homeserve rejects buyout offer

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The Daily Telegraph has reported that Richard Harpin, chief executive of the home repair and insurance firm, was contacted by potential buyers about opening talks around a deal.

However, the company is believed to have turned this proposal down when it was taken to board level.

Homeserve responded to the reports in a statement to the London Stock Exchange, saying that "it has not, nor is currently, engaged in any discussions which could lead to a possible offer for the company".

Sources told the

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