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The use of a Co(porphyrin)-amide ligand, , in the palladium(II)-catalyzed 1,4-diacetoxylation of conjugated dienes under O2 results in aerobic oxidation. The catalyst was highly active under O2, and the 1,4-diacetoxylation reaction could also be performed under air.
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Verboom et al. (2005) studied this question.
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