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Tag: Banamex

Citi’s Banamex Gets Competing Bid From Mexican Mining Tycoon
Global Economy

Citi’s Banamex Gets Competing Bid From Mexican Mining Tycoon

Mexican mining magnate German Larrea’s Grupo Mexico SAB offered to buy full control of Citigroup Inc.’s Banamex unit, attempting to…

nileshsha@hotmail.comOctober 4, 2025
Citi to turn to more minority investors after Banamex stake sale
Stock Market

Citi to turn to more minority investors after Banamex stake sale

By Kylie Madry MEXICO CITY (Reuters) – Citigroup will look for more minority investors in its Mexican retail unit, Banamex,…

nileshsha@hotmail.comSeptember 27, 2025
Citi Sells Banamex Stake to Mexican Businessman for .3 Billion
Global Economy

Citi Sells Banamex Stake to Mexican Businessman for $2.3 Billion

Citigroup Inc. agreed to sell a 25% stake in its Mexican retail banking unit Banamex to local businessman Fernando Chico…

nileshsha@hotmail.comSeptember 25, 2025

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