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Published 23:22 1 May 2018 BST
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Those involved have been suspended, expelled, and suffered other sanctions, according to an email that was sent to staff and students.
When the investigation was launched, one of the students in the group chat offered an apology, saying:
"I will not attempt to excuse and deny any of the statements I have made. The comments, which I shall not repeat, are inexcusable and undeniably wrong.
"I would like to make it publicly known that I do not honestly believe any of the things I have said."
Vice Chancellor Professor Sir Steve Smith said there was "no place" for "unacceptable racist, sexist and bigoted behaviour".
"These outcomes are subject to appeal", he added: "but they show our absolute commitment to take serious action against those whose behaviour is fundamentally at odds with the commitment to inclusivity, tolerance and respect that lies at the heart of everything we stand for."
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