Citigroup (C) on Monday said it closed on the sale of an ~25% equity stake in Grupo Financiero Banamex, S.A. de C.V (Banamex) to a company wholly owned by Fernando Chico Pardo and members of his ...
Morgan Stanley analysts see Citigroup (NYSE:C) taking another meaningful step toward simplifying its global footprint after completing the sale of a 25% stake in its Mexican retail-banking unit, ...
MEXICO CITY (Reuters) -Grupo Mexico will not enter a bidding war for Citi's retail unit in the country, known as Banamex, as its offer already places the lender at a higher value than a previously ...
MEXICO CITY (AP) — A day after Citigroup announced it would sell a 25% stake in Banamex to billionaire Fernando Chico Pardo, the Mexican businessman said his $2.3 billion investment should be read as ...
A case pending in a Mexican court has the potential to overturn Mexico's legal standard of deference to arbitration awards—a standard that has helped keep the country attractive to foreign and ...
Grupo Mexico (OTCPK:GMBXF) said on Tuesday that it won't raise its bid for Citigroup's (NYSE:C) Banamex retail business as its existing offer already has a higher value than a previously accepted ...
MEXICO CITY (AP) — A day after Citigroup announced it would sell a 25% stake in Banamex to billionaire Fernando Chico Pardo, the Mexican businessman said his $2.3 billion investment should be read as ...