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      "Replace p.13 with a 2-3 option recommendation (e.g. 'Build via M&A in future-giant markets, partner on digital distribution, prioritize active retail') tied back to the p.2 thesis",
      "Add 2-3 pillar dividers (e.g. 'Why APAC', 'Where the margin lives', 'How to enter') so the MECE structure is visible, not implicit",
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