Citigroup Is Looking to Sell More Banamex Stakes Ahead of IPO
Citigroup Inc. is eyeing the possibility of selling more stakes in its Mexican retail-banking unit, Grupo Financiero Banamex, while declining to recommit to a public listing this year.
By Todd Gillespie, Michael O'Boyle · Bloomberg Markets
Citigroup Inc. is eyeing the possibility of selling more stakes in its Mexican retail-banking unit, Grupo Financiero Banamex, while declining to recommit to a public listing this year.