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	<title>State Forex Station &#187; bail out</title>
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		<title>Blavatnik Bails Out Of Air Berlin</title>
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		<pubDate>Sat, 24 Jan 2009 20:10:36 +0000</pubDate>
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				<category><![CDATA[Business]]></category>
		<category><![CDATA[airline]]></category>
		<category><![CDATA[bail out]]></category>

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		<description><![CDATA[The Europe&#8217;s third-biggest low-cost airline—Air Berlin just announced that the US billionaire—Len Blavatnik, another cash strapped victim of credit crisis, has been forced to sold his 18.9% stake in the carrier.
As Air Berlin remains an attractive target in a rapidly consolidating airline sector, this sale brings many great chances for the new buyers. However, the [...]]]></description>
			<content:encoded><![CDATA[<p>The <strong>Europe&#8217;s third-biggest low-cost airline</strong>—Air Berlin just announced that the <strong>US billionaire</strong>—Len Blavatnik, another <strong>cash strapped</strong> victim of <strong>credit crisis</strong>, has been forced to sold his 18.9% stake in the carrier.<br />
As Air Berlin remains an attractive target in a rapidly <strong>consolidating airline sector</strong>, this sale brings many great chances for the new buyers. However, the recorded trading volumes showed that Mr Blavatnik did not sell his stake in the German airline, which has a market value of 60 million euros, via the stock market. As a result, the market participants are left guessing who actually bought the holding.</p>
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