Mexico's Banorte launches ADRs in United States

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MEXICO CITY, June 10 | Wed Jun 10, 2009 4:44pm EDT

MEXICO CITY, June 10 (Reuters) - Mexico's Banorte bank said on Wednesday it made its shares available as American Depositary Receipts in the U.S. over-the-counter market.

Banorte (GFNORTEO.MX) said each ADR would be made up of five shares of the bank. (Reporting by Noel Randewich)

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