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Dexia Gets EU Approval for Extra 10 Billion-Euro State Guarantee

Dexia SA (DEXB), the French-Belgian lender that’s being broken up, won temporary European Union approval to receive a 10 billion euro ($12.56 billion) increase in guarantees from Belgium, France and Luxembourg.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.

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