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CGD acquired majority control of Banco Internacional de São Tomé e Príncipe. CGD sold Banco Bandeirantes to Brazil's Unibanco in return for a 12% share in Unibanco. At the time, CGD held a 4.6% stake in Banco Itaú, which it was forced to give up under conflict of interest rules. 2001 — CGD opened a branch in Dili, East Timor.