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TXU set to approve record private equity deal
The board of TXU, one of America’s largest utilities, met to approve a $44.5bn takeover by Kohlberg Kravis Roberts and Texas Pacific Group, in what would rank as the largest private equity buy-out on record.
Sarkozy to relinquish interior ministry
Right’s candidate to focus on campaign
Daimler eyes GM stake in Chrysler deal
Carmaker weighs all-share deal
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Red-hot emerging Europe
Are emerging markets endlessly condemned to repeat the mistakes of the past? There are worrying signs that central and eastern European countries are ignoring the lessons of previous crises.