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Lone Star Funds to take over IKB
US private equity firm Lone Star is to buy German lender IKB Deutsche Industriebank, its biggest shareholder says.
German tyre firm succumbs to bid
Tyre maker Continental agrees that suitor Schaeffler can buy up to half the company after it ups its offer.
China bank sees top 2008 profits
China's largest bank reports a 57% jump in first half profits and says its earnings have outstripped any of its rivals.
Supply concerns send oil surging
Oil prices rise above $122 a barrel on the back of geopolitical worries after the US signs a missile shield deal with Poland.
Wholesale gas prices up on leak
Wholesale gas prices in the UK jump by 15% after a gas pipeline leak in the North Sea.

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