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Mexican government, Grupo Mexico agree deal over railway dispute
01 Jun 2023 19:25 GMT
… signed a deal with Grupo Mexico to compensate the conglomerate … after factoring in inflation.
Grupo Mexico shares were up 4.69% … 39;s poorer south.
Grupo Mexico is controlled by Mexican tycoon … it would instead pursue an initial public offering.
($1 = 17.7767 …
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Citigroup nears $7 billion sale of Banamex unit to Grupo Mexico
10 May 2023 19:35 GMT
… its Banamex retail operations to Grupo Mexico for roughly $7 billion, … later selling it to Grupo Mexico or listing it on … they were exploring both an initial public offering or a sale for … .
Representatives of Citi and Grupo Mexico, the conglomerate run by …
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Grupo Mexico in advanced talks for Citi's Banamex - Bloomberg News
05 Dec 2022 15:32 GMT
… German Larrea's conglomerate Grupo Mexico SAB is in advanced talks … lender could also consider an initial public offering (IPO) for the unit, it added … on the Bloomberg report, while Grupo Mexico did not immediately respond to …
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Grupo Mexico in pole position for Citibanamex
12 Dec 2022 16:02 GMT
Grupo Mexico is now the favourite to … listing the bank through an IPO.
That is the consensus view …
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Grupo Mexico in advanced talks for Citigroup's Banamex unit
05 Dec 2022 15:47 GMT
… Larrea's conglomerate Grupo Mexico is in advanced talks on … consider an IPO of Banamex, the people said.
Grupo Mexico shares fell … index slipped 0.4%. Grupo Mexico's mining division … , while a spokesperson for Grupo Mexico didn't immediately …
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Grupo Mexico unit agrees to buy Planigrupo Latam
03 Sep 2022 03:27 GMT
… mining and infrastructure firm Grupo Mexico is pictured at its … pesos ($235.7 million), Grupo Mexico said in a statement.
Planigrupo … Planigrupo had initially set its IPO price at 19.75 … it was considering other options.
Grupo Mexico said the purchase " …
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Mexico president eyes ‘half’ of Citi unit amid IPO plan
26 May 2023 19:22 GMT
… week to pursue an initial public offering of the business.
Citi … government shortly before the IPO plan was announced that … German Larrea’s conglomerate Grupo Mexico, sources said.
Tensions … of Grupo Mexico’s railway lines.
Questions over how an IPO …
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Mexico president eyes 'half' of Citi unit amid IPO plan
26 May 2023 15:37 GMT
… this week to pursue an initial public offering of the business.
Lopez Obrador … said it was planning an IPO for the Mexican unit, … to pay taxes on the IPO.
Lopez Obrador added that … German Larrea's conglomerate Grupo Mexico (GMEXICOB.MX) with sources saying …
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Citigroup to pursue IPO for its Mexico retail unit
24 May 2023 12:50 GMT
… Citigroup Inc will pursue an initial public offering of its Banamex unit that … Wednesday. Mexico's conglomerate Grupo Mexico had been in talks to …
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Slim's bank sees around $245 mln profit from Grupo Mexico rail IPO
10 Nov 2017 04:23 GMT
MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim’s bank Inbursa said on Thursday that a unit expects to see profit of 4.65 billion pesos ($245 million) from the sale of GMexico Transportes shares.
As part of a share offering of miner and infrastructure …