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Three hit debt markets for M&A

France's Saint-Gobain, Belgium's Solvay and Germany's Bayer are all poised to secure cash through bond sales this week as each seek to shore-up acquisition financing needs via international debt markets.

In a long awaited move Saint Gobain, the acquisitive plasterboard maker, is set to issue a two tranche bond worth up to €1.5bn ($1.9bn) through lead managers BNP Paribas, Calyon, Deutsche Bank and JP Morgan.

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