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Snap news

Breaking pre-market news on Friday,

- Richard Branson’s Virgin Money to acquire Church House Trust, which it will use as a platform to “develop a retail banking business in the UK” – statement.

- RBS announces sale of fund management assets to Aberdeen Asset Management – statement, statement and statement.

- Mitchells & Butlers trading strong over Christmas/New Year – statement.

- Cimpor rejects CSN’s $5.6bn bid – report.

- Corporate: BT Group, Michael Page, Rank, Restaurant Group, Spirax-Sarco Engineering.

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