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Blackstone makes higher buyout proposal for UK's St. Modwen Properties

June 24 (Reuters) - Private equity firm Blackstone Group Inc has made a sweetened buyout offer for St. Modwen Properties at 560 pence per share in cash, the companies said on Thursday, adding that the London-listed company was backing this final offer. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Shounak Dasgupta)

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