Mexico Pension Giant Afore Sura Sees Banamex Deal as One of Many in Sector

One of the largest players in Mexico’s booming pension fund system is eyeing more investments in the country’s financial ...

Citi enters $2.5bn deal to sell 24% of Banamex to investors

Citigroup has agreed to sell a 24% stake in Grupo Financiero Banamex to a group of institutional investors and family offices, as part of its planned exit from its Mexican retail banking unit. The ...

Citi sells another 24% of Banamex

Private-equity firm General Atlantic, Brazilian bank BTG Pactual and funds managed by Blackstone and Qatar Investment Authority are among buyers of as much as 4.9% each.

Kylie Madry

Latin America. She's based out of the Reuters office in Mexico City, where she was previously a freelance journalist and ...
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Citi signs deal to sell 24% equity stake in Banamex

Feb 23 (Reuters) - Citigroup said on Monday it had entered into agreements to sell a 24% stake in Banamex to a group of institutional investors and family offices for around $2.5 billion. Some of the ...