keywords: dexia merger sanpaolo dxb bank
text: Dexia shelves proposed merger with Sanpaolo LONDON, November 29 (newratings.com) - The board of the Franco-Belgian Bank, Dexia (DXB.ETR), has rejected the companys proposed 37 billion merger with Italys Sanpaolo (PAO), following increasing opposition to the proposal by a group of its key 