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French government officials said they are facing overwhelming demand for shares in state-owned financial group Cie Financiere de Paribas. Paribas is the second of 24 major groups to be returned to the private sector under an ambitious five-year scheme set out by Prime Minister Jacques Chirac`s government. A total of 21 million state shares in Paribas were put up for sale last week for about $66 each.
