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Grupo Galicia's stake sale in Efectivo Sí gets central bank nod

Grupo Financiero Galicia SA on Dec. 4 said that the Banco Central de la República Argentina authorized the group's sale of minority interest held in Compañía Financiera Argentina SA to Julio Alfredo Fraomeni and Galeno Capital SAU.

The sale price is subject to adjustments in the value of Compañía Financiera Argentina at a deal closing date that will still be determined.