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Friday, August 19, 2011

Takeover Chatter - Corporate finance press digest

The following corporate finance-related stories were reported by media on Friday: * German flagship airline Lufthansa is close to selling a majority of its IT subsidiary, Lufthansa Systems, the Manager Magazin reported. * Hong Kong-listed Esprit Holdings Ltd may sell its U.S. and Canadian clothing retail operations, Bloomberg reported, citing people familiar with the matter.

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