Citi Sells 24% of Banamex for $2.5 Billion — With BTG Pactual, Blackstone, and Qatar Among Buyers
Citi Sells 24% of Banamex for $2.5 Billion — With BTG Pactual, Blackstone, and Qatar Among Buyers
Key Points — Citigroup signed deals to sell 24 percent of Mexico’s Banamex to seven institutional investors for 43 billion pesos ($2.5 billion), at 0.85 times book value — a slight premium to the December 2025 sale of 25 percent to Mexican billionaire Fernando Chico Pardo. — Buyers include BTG Pactual, Blackstone, General Atlantic, Qatar […]
Key Points — Citigroup signed deals to sell 24 percent of Mexico’s Banamex to seven institutional investors for 43 billion pesos ($2.5 billion), at 0.85 times book value — a slight premium to the December 2025 sale of 25 percent to Mexican billionaire Fernando Chico Pardo. — Buyers include BTG Pactual, Blackstone, General Atlantic, Qatar […]
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