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Profits soar at Marfin Investment Group

Net profits at Greece's Marfin Investment Group rose more than fivefold in the first nine months this year to €395.2m ($582m), in an unprecedented period of fundraising for the Athens-based buyout firm.

Pre-tax profits rose from €83m in the first nine months of last year. The buyout group said net profits from recurring activities surged by more than fourfold to €137.6m compared with the same point last year.

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