Friday, June 29, 2007

Banco de Chile Controller Resumes Alliance Talks With Citigroup

(Bloomberg) -- Quinenco SA, the Santiago-based
controller of Chile's second-largest bank Banco de Chile, has
resumed strategic alliance talks with Citigroup Inc.

Negotiations cover a possible alliance between Citigroup and
Quinenco's financial and banking operations, which include Banco
de Chile, the Santiago-based holding company said in a filing to
securities regulators after the market closed yesterday.


Read more at Bloomberg Stocks News

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