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Top DineroenImagen News

Citi Rejects Grupo Mexico’s $9.3B Offer for Banamex

Citigroup · Mexico City

Citi Rejects Grupo Mexico’s $9.3B Offer for Banamex

50% Left coverage: 10 sources

The bank continued to show support for an earlier bid from billionaire Fernando Chico Pardo to take a 25% stake in the Mexican lender, in combination with an initial public offering.See the Story

Mexico insists on trilateral revision of the USMCA in the face of Trump's bilateral proposal

Donald Trump · Mexico

Mexico insists on trilateral revision of the USMCA in the face of Trump's bilateral proposal

57% Left coverage: 7 sources

Grupo México’s Banamex Play, In Plain Terms

Infrastructure · Mexico City

Grupo México’s Banamex Play, In Plain Terms

Coverage: 4 sources

Grupo México, the mining-to-infrastructure conglomerate controlled by Germán Larrea, has offered to buy Banamex from Citi and says it can do it without loading up on new debt. The company told Mexico’s stock exchange that even a 100% purchase would need less than $2 billion in additional credit—lines it says are already arranged. It reported […]See the Story

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