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Monday, February 21, 2011

Market Chatter -- Corporate finance press digest

The following corporate finance-related stories were reported by media on Monday: * Steel Authority of India plans to invest $10 billion to build plants in Oman, Indonesia and Mongolia to tap the local demand there, the Mint reported, citing the state-run steelmaker's chairman. * Royal Bank of Scotland is planning to sell 1.6 billion pounds ($2.60 billion) of unwanted loans from the boom years of the commercial real estate sector, the Financial Times said.

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