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Midnight runners

9 December 2002 By John Paul Rathbone

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Midnight runners

9 December 2002 By John Paul Rathbone

The FrancoBelgian bank is a perennial takeover target. The hope is that one of the losers from the CL battle, perhaps SocGen, might swoop. This looks like wishful thinking. Dexia offers little growth and few synergies to any bidder.

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