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Friday, August 26, 2011

Market Talk: Finance Corporate News

The following corporate finance-related stories were reported by media on Friday: * French oil company Total is preparing a reorganisation to merge its refinery and petrochemical activities, the newspaper Les Echos reported, citing several trade union sources. * India's GVK Power & Infra will pay $2.2 billion for two Australian coal mines owned by Hancock Prospecting, the Economic Times reported on Friday.

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