Banco Popular says ‘not aware’ of Mexican investors bid interest

Posted on: June 12th, 2008
Filed Under: [ Blogante Business ]
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“A Banco Popular Espanol SA spokesman said the bank ‘is not aware’ of any bid interest from a group of Mexican investors.

According to Negocio, which cited unamed sources close to the deal, the investors have hired the services of HSBC (nyse: HBC - news - people ) as an investment advisor for a possible bid at between 14 and 14.5 euros per share”*

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