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CSFB notches up second Corus deal in a month

Credit Suisse First Boston (CSFB) has negotiated its second deal for Anglo-Dutch steel company Corus in a month.

Corus will sell its 20% stake in the Aluminerie Alouette smelter in Canada to Alcan of Canada for $165m (€168m). Alcan will pay for the stake in cash, bringing its total holding in the smelter to 40%.

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