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Major Acquisition! Colombian Billionaire Controls FirstCaribbean Int'l Bank

Major Acquisition! Colombian Billionaire Controls FirstCaribbean Int'l Bank

Canadian Imperial Bank of Commerce (CIBC) has struck an agreement to sell two-thirds of its stake in Barbados-based CIBC FirstCaribbean International Bank (CIBC FCIB) to a company run by Colombian billionaire Jaime Gilinski.
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