Credit Lyonnais deal nears

Agreement was reported near on a new salvage plan for ailing French state owned bank Credit Lyonnais the French finance ministry…

Agreement was reported near on a new salvage plan for ailing French state owned bank Credit Lyonnais the French finance ministry would not confirm any progress. Credit Lyonnais has a controlling 54 per cent stake in the Irish financial services group Woodchester Investments. Page 2

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