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Virgin exits Virgin Nigeria

09.06.09

The Virgin brand name is to be removed from Nigeria's national airline Virgin Nigeria, and it will sell its 49% stake in the company. Virgin's sell-off marks the final closure of an increasingly acrimonious deal, announced in a great fanfare, 5 years ago.

An unnamed Virgin source told Reuters news agency the Nigerian airline would have until early July to rebrand itself. Virgin Nigeria could not immediately be reached for comment.

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