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Look for updates on these stories and more on TheDeal.com and Deal International.
Societe Generale SA-BNP Paribas SA
News on SocGen again tops headlines out of Europe.
A humble BNP Paribas spokesman makes the first public admission that his bank is considering a bid for the beseiged bank, though he stresses that all other European banks are doing the same.
Friends Provident plc
In other financial services news, Friends Provident, the $7 billion life insurer that JC Flowers & Co. LLC is circling, puts three units on the block as part of a revamp to cut costs and improve profitability. Standard Chartered plc-Whistlejacket Capital
London-based emerging markets lender Standard Chartered will take $7.2 billion of assets from Whistlejacket Capital onto its balance sheet after committing to fund the structured investment vehicle. Baloise Insurance Co. Ltd.-Gothaer Versicherungsbank VVaG
Switzerland's Baloise announces merger talks with German mutual insurer Gothaer Versicherungsbank to create a top 10 insurer in Germany. Meanwhile, France says it's told EDF to act in accordance with the Spanish government in any bid for $76 billion power utility Iberdrola as a Spanish newspaper reports that E.ON is also vying for a stake. Maus Freres SA-Gant AB
Maus Freres wins over Gant's owners and secures 96% of the Swedish clothing maker. Alitalia-Linee Aeree Italiane SpA
Alitalia said late Wednesday it needs to raise $1.1 billion to cover mounting losses. Inmobiliaria Colonial SA
The $4 billion Spanish real estate group says it's been approached by Investment Corp. of Dubai. Tata Chemicals Ltd.
Out of India, Tata Chemicals agrees to spend just over $1 billion on U.S. soda-ash maker General Chemical Industrial Products. British-based oil explorer Tullow Oil sells its 11% stake in the onshore M'Boundi field in Congo for $435 million to state-owned Korea National Oil Corp. Netia SA
Polish telecom Netia sells 23% of its mobile affiliate for $193 million to its Cypriot and Icelandic joint venture partners. Marsh Networks-Cieffe SpA-Insignis Technologies
On the smaller side, Canada's March Networks, an Internet protocol video surveillance technology firm, agrees to buy Italy's Cieffe and its sister company, Insignis Technologies for up to $44 million. - The editors
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