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UPDATE 2-KKR sweetens Hitachi Kokusai bid a second time but under market price

* New bid is below market level, values Hitachi Kokusai at$3 bln

Clariant plans strategic update in 2018 amid shareholder pressure

ZURICH, Nov 24 Clariant said on Fridayit will update its strategy next year amid pressure from itslargest investor which demanded three seats on the Swissspecialty chemicals maker's board after a failed merger attempt.

EU mergers and takeovers (Nov 23)

BRUSSELS, Nov 23 The following are mergers underreview by the European Commission and a brief guide to the EUmerger process:

UPDATE 1-CVC gauges interest from Chinese suitors for components maker Linxens -sources

HONG KONG, Nov 23 Buyout group CVC isgauging the interest from prospective Chinese suitors forLinxens, the French smart-card components maker that it boughttwo years ago for 1.5 billion euros ($1.8 billion), people closeto the matter said.

UPDATE 1-MOVES-HSBC investment banker Westerman leaves

LONDON, Nov 23 (IFR) - Matthew Westerman, HSBC's co-head ofglobal banking, is leaving the British bank, less than two yearsafter his high-profile arrival from Goldman Sachs.

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