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Foreign Investors Less Than Excited About Acquiring Interest In Mexican Banks

ISSN:1054-8890
LADB Article ID: 068995
Category/Department: General
Date: Wednesday, November 7, 1990
By: Steven Ranieri

Majority control of 18 Mexican banks will be turned over to private investors foreign and domestic in mid-1991. Overall, the privatization deal is priced at $6 billion. Federal law permits a single foreign investor to acquire up to 10% of a Mexi...

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