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Tuesday, November 24, 
10:28 pm

Deal International: News on Colonial, GdF-Suez and more

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Stay tuned to TheDeal.com and Deal International for updates to these stories and more.

Investment Corp. of Dubai-Inmobiliaria Colonial SA
Topping headlines out of Europe today, key shareholders in Colonial have engineered a deal, valued at nearly $3 billion, with Dubai which allows the group to escape bankruptcy by offloading most of its debt onto the sovereign wealth fund.

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Also on Dealscape

Sweden privatization program
Credit market turbulence has thrown off course a flagship privatization program that was a key plank of Sweden’s center-right government’s election campaign.

U.K. tax cut
Out-of-favor finance minister Alistair Darling announces the U.K. government’s budget later today, in which he’ll confirm a previously announced 2 point cut to the corporation tax rate.

European works-Gaz de France SA
A European works council for GdF says it doesn’t like the planned merger with Suez SA.

Vincent Tchenguiz-Challenger Infrastructure Fund
And in Australia, Vincent Tchenguiz, the brother of Robert Tchenguiz, makes a $1.1 billion offer for Australia’s Challenger Infrastructure Fund.

Stay tuned to TheDeal.com and Deal International for updates to these stories and more.

See TheDeal.com story on Colonial
See Deal newsweekly feature on GdF-Suez





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