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Dexia to Get Cash Infusion of $9.2 Billion
Dexia will receive a state-backed rescue of 6.4 billion euros ($9.2 billion) after worsening financial markets drove the shares to a record decline, Bloomberg reports.
Belgium's federal and regional governments, France and the company's largest shareholders will supply the funds, according to a statement from Belgium's prime minister Tuesday.
Dexia is the world's biggest lender to local governments, according to Bloomberg. ...
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