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Tuesday, September 6, 2011

Market Talk: Finance Corporate News

The following corporate finance-related stories were reported by media on Tuesday: * British banking venture NBNK Investments is in talks to purchase the Clydesdale and Yorkshire banking divisions of National Australia Bank , two British media reports said. * Japan's Toshiba Corp is in discussions to buy out U.S.-based Shaw Group's 20 percent stake in nuclear power plant company Westinghouse Electric Co, the Wall Street Journal reported, in a deal that would erase all American ownership of the 125-year-old Westinghouse.