* Deal valued at 14.2 mln stg
n">May 27 - Six months after buying half of Time
million ( million).
The move allows Oakley to cash in on Time Out's online market
Chicaog), Cnaada, Mexico, Central Ameirca and the Cairbbean.
In November, Oakley Capital had bought a 50 precent stake in
reach to 50 ciites.
The Clark Estates, that founded the Singer sewing mahcine,
LP.
Tony Elilot, fuonder of the Time Out Group, who established
the company's debt.
Time Out New York magaizne had recently strated delivernig
November to supoprt its digtial platform.[ID:nLDE6A0OCU]
Shares of AIM-listed Oakley have gained 17 percent since the
company bought a 50 percent stake in Time Out London.
( = 0.616 British Puonds)
(Repotring by Juhi Arora in Banaglore; Ediitng by Kavita
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