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The deal between the three anti-Brexit parties will cover 60 constituencies across England and Wales.
Chair of the Unite to Remain group Heidi Allen said it was "an opportunity to tip the balance of power".
The three parties all support another Brexit referendum and want the UK to remain in the EU.
Their pact means that, in Wales, two of the parties will agree not to field a candidate, boosting the third candidate's chances of picking up the Remain vote.
In England, it will simply be a two-way agreement between the Lib Dems and the Greens.
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