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Tuesday, August 23, 2011

Market Corporate Finance Digest

The following corporate finance-related stories were reported by media on Tuesday: * DLF Ltd , India's largest listed property firm, plans to pare its debt by 25-30 billion rupees ($547-$656 million) in the current fiscal year to end-March 2012, the Business Standard reported, citing a senior company executive. * The attempted takeover of MWB Business Exchange by its biggest shareholder is hanging in the balance after an agreement with leading independent investors expired, the Financial Times reported.

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