Friday, June 29, 2007

UPDATE 1-Banco de Chile soars on Citigroup alliance talks

(Reuters) - SANTIAGO, June 29 - Shares of Chile's second-largest bank, Banco de Chile , jumped on Friday after its majority shareholder said it had reopened talks with giant U.S. bank Citigroup about a strategic alliance.



The shares were up 9.1 percent after earlier registering a rise of 11.9 percent.


Read more at Reuters.com Mergers News

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