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Dexia May Have French Units Nationalized, Financial Times Says

Dexia SA, the French-Belgian lender, may have French parts of the bank nationalized, the Financial Times reported, citing Michel Bouvard, chairman of Caisse des Depôts et Consignations.

A nationalization plan was one option discussed for Dexia’s French municipal finance unit, the newspaper reported Bouvard as saying.

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