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Temasek Raises Stake in Standard Chartered to 18% (Update2)

Story date: 2007-12-24 12:57:00
Added on: 2007-12-24 01:20:31


Bloomberg - Merrill announced $8.4 billion of writedowns on mortgage-related investments and corporate loans on Oct. 24, and then ousted Chief Executive Officer Stan O'Neal. The stock rose 1.9 percent on Dec. 21 following the report on Temasek's investment ...


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