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BUZZ-Norwegian Air slumps as IAG fails to agree on offer

** Shares (Berlin: DI6.BE - news) of budget carrier Norwegian Air slump more than 10 pct to NOK 265 after IAG says failed to agree deal

** IAG writes in an investor presentation: "IAG confirms that it has had contact with the Norwegian Board regarding a possible offer, without reaching an agreement. IAG is currently considering its options in relation to Norwegian."

** By 0742 GMT, Norwegian Air trades 7 pct lower for the day