Mexican tycoon Salinas Pliego drops out of Citibanamex bid
MEXICO CITY – Mexican tycoon Ricardo Salinas Pliego said on Wednesday he had decided not to continue with a bid for Citi’s Mexico unit, put up for sale earlier this year. “I…
Citibanamex to remodel Mexican branches, open at least 50 more in $68 million expansion
By Kylie Madry MEXICO CITY – Citibanamex is spending 1.4 billion pesos ($67.8 million) to remodel more than 1,200 branches in Mexico with plans to expand, a top executive said on Thursday.…
Inbursa ‘waiting to see’ before expressing interest in Citibanamex bid
MEXICO CITY – Mexican bank Inbursa said it would wait to know more about the sale of Citigroup’s Mexico retail operations, known as Citibanamex, before expressing interest in the unit, an Inbursa…
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