Bankruptcy Law News
10/10/2008 11:54:09 AM EST
Belgium, France, Luxembourg guarantee Dexia bank
BRUSSELS, Belgium – (AP) The governments of France, Belgium and Luxembourg announced Thursday they will give struggling lender Dexia SA a yearlong guarantee on its new loans and deposits, sending the company's shares soaring.
Dexia's shares fell three days in a row by more than 15 percent on Wednesday alone as it could not borrow money … Full version (available to lexis.com subscribers)
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