Citigroup to spin off its Mexico business, Banamex, after sale efforts collapse
Published on: Wednesday 24 May 2023
Citigroup said Wednesday it plans to pursue an initial public offering of its Mexico business Banamex, scuttling a 16-month effort to find a buyer for the unit. The bank expects to complete the ...
News source: https://www.cnbc.com/2023/05/24/citigroup-to-spin-off-its-mexico-business-through-ipo.html
