Citi completes sale of 25% stake in Banamex

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) ...

$2.3 Billion Deal Puts Banamex in Mexican Hands--Citigroup's IPO Exit May Come Early

Morgan Stanley analysts see Citigroup (NYSE:C) taking another meaningful step toward simplifying its global footprint after ...

Citigroup Closes Deal to Sell Banamex Stake to Chico Pardo

Citigroup Inc. completed its deal to sell 25% of its Mexican retail-banking unit, Banamex, to billionaire Fernando Chico ...

Mexico is close to approving Citi's sale of Banamex stake - report

Citigroup nears Banamex stake sale to Chico Pardo, signaling faster deal closure and potential Banamex listing. Get the ...

Citi closes sale of 25% stake in Banamex to Mexican billionaire Chico Pardo

Wall Street giant Citigroup said on Monday it had completed the sale of a 25% stake in its Grupo Financiero Banamex to a ...
Houston Chronicle

Billionaire says $2.3 billion Banamex stake signals confidence in Mexico's economy

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 ...

Mexico Nears Approval of Billionaire’s Bid for Banamex Stake

Mexican financial authorities are close to approving an offer by billionaire Fernando Chico Pardoto buy a 25% stake in Citigroup Inc.’s Mexican retail-banking unit, Banamex, paving the way to list the ...