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Officials from the Spanish Economy Ministry discussed breaking up two savings banks taken over by the country’s rescue fund at a meeting with investors including Goldman Sachs Group Inc. (GS) and Fidelity Investments, Expansion reported.
Novagalicia and CatalunyaCaixa both have around 76 billion euros ($99 billion) in assets and the government considers it may get a better deal splitting them up, officials said at the meeting with about 15 institutions, the newspaper added, without saying how it obtained the information.
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