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As of press time Monday, Banco Nacional N.A. was expected to accept an offer from a group of Venezuelan and Dominican investors to acquire the three-branch, Hato Rey-based bank.
This is the latest, and thus far most likely, deal entered into by Jose Alegria, Nacionals chairman, in his attempt to sell the $55 million-asset bank. Last week, talks between Alegria and R&G Mortgage Corp, another possible buyer, failed to produce an agreement (See CARIBBEAN BUSINESS, Jan 16, 1991.)
Alegna, who is selling the bank under pressure from federal regulators, declined to comment on the specifics of the transaction with the Venezuelan-Dominican group, as he is bound to …