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Snap news

The latest on Wednesday,

- AIG gets bids for asset management unit of around $500m – Reuters.

- Segro says amendments to covenents successfully achieved — statement.

- Sibir Energy to carry out investigation into real estate deals, CEO resigns — statement.
- Corporate: BAA posts 2008 loss, Barrat Developments posts half-year loss before tax of £592.4m, Northgate says 2009 profit to be “significantly below expectations”, Bodycote posts 2008 operating loss of £51.7m, Cadbury posts £400m 2008 profit before tax, Moneysypermarket.com posts 2008 loss of £59.1m.

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