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CTT, Cajamar Are Said to Break Off Talks Over Banco CTT Deal
Source: Bloomberg
M&A & RestructuringCompany Fundamentals
CTT and BCC-Grupo Cooperativo Cajamar have ended discussions on a potential acquisition of Banco CTT by Spain’s lender, according to people familiar with the matter. The breakdown of talks is a modest negative for deal certainty, but no deal terms or financial impact were disclosed.
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