US EditionCitigroup Closes Deal to Sell Banamex Stake to Chico Pardo
30 Articles
30 Articles
Citi announced yesterday that it concluded the sale of 25 percent of the shares of Financial Group Banamex to the Mexican businessman Fernando Chico Pardo, after receiving all the authorizations of the regulatory agencies of the country.
Mexico City, Dec 15 (EFE).- Citigroup announced Monday the closing of the sale of the shareholding in Grupo Financiero Banamex to Mexican businessman Fernando Chico Pardo and his immediate family, after the purchase was announced at the end of September. “The operation, which was announced in September, received all the necessary authorizations from Mexican financial and competition regulators and all the conditions of closure have been met,” Ci…
The transaction involved the purchase of approximately 520 million ordinary shares of Banamex
Citi, the US financial giant, has announced the successful closure of the sale of 25% of Financial Group Banamex to a company of Mexican businessman Fernando Chico Pardo and members of his immediate family. Following this decision, the also president of the Board of Directors of the Airport Group of the Southeast (Asur) will assume the presidency of the Board of Directors of Financial Group Banamex.
Citi announced this Monday that it closed the sale of the 25 percent shareholding of Financial Group Banamex to a property owned by businessman Fernando Chico Pardo and members of his family. “With immediate effect, Fernando Chico Pardo will assume the Presidency of the Board of Directors of Financial Group Banamex,” Citi reported in a statement published on Monday, December 15. The 25 percent purchase operation of Banamex by Fernando Chico Pard…
Citi announced the closing of the sale of a 25 percent shareholding in Financial Group Banamex to a company owned by Fernando Chico Pardo and members of his immediate family. As part of this agreement, with immediate effect, Fernando Chico Pardo will assume the presidency of the Board of Directors of Financial Group Banamex. The operation, which was announced in September, received all the necessary authorizations from Mexican financial and comp…
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