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Colombia's Largest Bank Group Draws $1.1B In US IPO

By Chelsea Naso (September 23, 2014, 1:17 PM EDT) -- Grupo Aval Acciones y Valores SA, Colombia's largest banking group, raked in $1.1 billion in its U.S. initial public offering on Tuesday to boost capital at its banking units, after pricing its American depository shares at $13.50 apiece, according to a statement....

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