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Tuesday, November 30, 2010

JC Flowers, GIC mull Brazilian bank stake buy - report

Reuters, 30 Nov 2010Nov 30 (Reuters) - An investor group led by U.S. buyout firm JC Flowers is in talks to buy a stake in Brazil's privately held Banco BTG Pactual SA, Bloomberg said, citing three people with knowledge of the deal. The investor group includes sovereign wealth fund Government of Singapore Investment Corp (GIC) .... Full story