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  • The second phase of the Dabhol power project in India has reached financial close.
  • Charges over book debts finally fixed
  • Wal-Mart, the world’s largest retailer, has bid £6.7 billion ($10.8 billion) in cash for UK supermarket chain Asda.
  • UK firm SJ Berwin is to open an office in Madrid as the next stage of its European expansion programme.
  • The London office of US firm Weil Gotshal & Manges has recruited partner Bruce Johnston from UK firm Wilde Sapte to boost its project finance capability.
  • Clifford Chance is under investigation in Hong Kong after charging HK$18.7 million ($2.4 million) for its role in the winding up of Peregrine.
  • Novelties in the regulations on offering circulars for listing of securities
  • New law on protection of investor rights
  • Supervision of fiancial conglomerates
  • At the start of May, the Commission adopted a communication setting out a series of initiatives designed to enable supplementary pension schemes to benefit from the single market and the euro.