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Market Chatter -- Corporate finance press digest

Fri Oct 2, 2009 12:23am EDT

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BANGALORE, Oct 2 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* Innolux Display Corp (3481.TW), the world's No.2 LCD monitor maker, is set to acquire Toppoly (3195.TWO) as they were encouraged by their customer Nokia (NOK1V.HE), the Commercial Times reported on Friday. [ID:nTP288937]

* Xstrata PLC (XTA.L) has been given a deadline to "put up or shut up" on its proposal to merge with rival miner Anglo American (AAL.L) by the UK's Takeover Panel, the Financial Times reported on its website. [ID:nL1286386] (Compiled by Purwa Naveen Raman in Bangalore; Editing by Lincoln Feast)



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