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Bahrain-based investment bank Investcorp (BSE: INVB
) (LSE: INVBq) has launched a USD1bn fund to benefit from the crisis in US credit markets by buying distressed debt, according to a report by Reuters.
Companies mentioned include RND.T, RECY, WLV, CDT, EPIQ, INVB
, FLC, NERIF, REY.
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Barry Weldon was part of team that investigated one two hospitals believed to have treated three people who died from the previously unknown ribotype 332 strain the bacterial infection.