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US car comparison site sale will not impact Admiral FY results

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Admiral has stated that a further sale of a minority equity stake in its US car insurance comparison website Compare Now will have "no material impact" on its full year results for 2013.

Admiral retains 67.8% ownership of Compare Now, with White Mountains Insurance Group owning 21.1% and Mapfre USA owning 11.1%.

Compare Now launched in March last year and is one of the first car

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