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Citi’s Banamex IPO May Stretch Into 2026
15 Jan 2025 20:06 GMT
… slew of regulatory approvals to IPO in both Mexico and … year in preparation for the IPO of Banamex shares. The … from billionaire German Larrea’s Grupo Mexico SAB was scuppered in 2023 … as the bank considers alternative IPO structures and potential investors. …
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Sheinbaum meets with Citigroup CEO Jane Fraser
08 Apr 2025 23:25 GMT
… mention of Citi’s proposed initial public offering (IPO) of Banamex, its retail banking … US $7 billion deal with Grupo México — a conglomerate owned by Mexican … ’s decision to pursue an IPO instead of selling Banamex outright …
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Citi completes split of Mexico business ahead of Banamex IPO
02 Dec 2024 16:07 GMT
… to work on the proposed initial public offering of Banamex, the timing of … now prepare for the Banamex IPO." Citi has weighed … German Larrea's conglomerate Grupo Mexico last year. But tensions … Citi deciding to pursue an IPO instead. Citi México will …
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Citi Splits Mexico Business With 93% of Staff Headed for IPO
02 Dec 2024 14:21 GMT
… are advancing for an initial public offering of Citigroup Inc.’s … based bank is planning an IPO of Grupo Financiero Banamex — … now prepare for the Banamex IPO, focused on optimizing value … Banamex’s retail operations to Grupo Mexico SAB last year. Although …
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Forbes World’s Billionaires List 2025: The Top 200
01 Apr 2025 10:31 GMT
… ;s largest copper mining company, Grupo México, which also has operations in … retail king after the 2017 IPO of his supermarket chain Avenue … auto loans that conducted an IPO in 2017.
151. Nancy Walton …
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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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Grupo México shares soar on the stock market after Citigroup announcement
24 May 2023 17:04 GMT
… titles of the mining giant Grupo México that shot up after Citigroup … that it will make an initial public offering of its unit in the …
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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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Citi Pushed by Grupo Mexico to Keep Stake in Banamex After Sale
09 Feb 2023 21:15 GMT
… with knowledge of the matter.
Grupo Mexico, the conglomerate run by … Banamex that could include an initial public offering as well as a … and sell it later.
Grupo Mexico is close to lining up … knowledge of the matter.
Grupo Mexico has been in advanced talks …
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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 …