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16 November 2011

PORTUGAL / ANGOLA : Lisboa Explores Selling State Companies To Luanda.

                                           BBC

     Because of IMF demands that Lisboa must sell its state-owned companies to get a $107bn bailout...PM Pedro Passos Coelho will visit Angola...and discuss unloading them on the oil rich nation.
     Angolan companies already own about 3.8% of companies listed on Portugal's stock exchange.
     The former colony of Angola is Portugal's 4th biggest trading partner.
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