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Thursday, April 21, 2011

Takeover Chatter - Corporate finance press digest

The following corporate finance-related stories were reported by media on Thursday: * A probe has been launched into the handling of insurer Prudential's failed $35.5 billion bid for AIA , the Financial Times said. * Malaysia's state investment arm Khazanah Nasional will start talks to sell its 30 percent stake in Bank Muamalat to financial group BIMB Holdings which could merge the sharia lender with Bank Islam, Business Times reported, citing unnamed sources.

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