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D'Ieteren to subscribe to Avis share issue

BRUSSELS, June 16 (Reuters) - Belgian auto retailer D'Ieteren said on Thursday it would fully subscribe to the share issue by Avis Europe to keep its holding in the rental agency unchanged.

"D'Ieteren's shareholding in Avis Europe will therefore remain unchanged at about 59.6 percent," it said in a statement.

Avis Europe plans to raise 110.5 million pounds through a rights issue to shareholders.