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Snap news

Breaking pre-market news on Tuesday,

- Bramdean Alternatives confirms bid approach made by Nicola Horlick — statement.

- Federal Reserve said to retreat from seeking power to sell own debt — Bloomberg source.

- Bowleven to raise $110m via placing — statement.

- Corporate: Arcandor, IG Group, Manganese Bronze, GlaxoSmithKline, Punch Taverns, Birmingham City, Heritage Oil, Beazley, Go-Ahead.

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