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By Sergio Goncalves LISBON (Reuters) - Angolan investor Isabel dos Santos has proposed a merger between Portugal's largest listed banks Millennium bcp and Banco BPI, a source with knowledge of the proposal said on Tuesday. Dos Santos, Africa's richest woman and the daughter of Angola's president, has sent a letter to the chief executives of Spain's Caixabank, Millennium and BPI detailing her proposal, the source said. The proposal was made after Caixabank, BPI's largest shareholder with a 44 percent stake, launched a takeover bid for BPI last month. Dos Santos is BPI's second largest shareholder with a 18.6 percent stake.
By Ben Blanchard and Benjamin Kang Lim BEIJING (Reuters) - China is investigating a second former top military officer on suspicion of corruption, two independent sources told Reuters, as President Xi Jinping widens his campaign against deep-rooted graft in the country. Guo Boxiong, 72, was a vice chairman of the powerful Central Military Commission until he stepped down in 2012. Another former vice chairman, Xu Caihou, was put under investigation last year for corruption. Before their retirement, the men had been two of China's top military officers who served together under Xi's predecessor, Hu Jintao.