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Lloyds, Natixis and RBS sell Dubai World debt before $14.6 billion deal
Lloyds Banking Group and Natixis have sold their holdings in debt of Dubai World, the state-owned conglomerate nearing a $14.6 billion (9.8 billion pounds) debt restructuring, according to sources familiar with the matter. Royal Bank of Scotland also sold at least part of its exposure in the conglomerate, said two…
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Click here to read the full story: Reuters