Citigroup confirms deals to sell 24% Banamex stake to group of investors for $2.5B (C:NYSE)

NodeGuardian · 2026-02-26T08:52:00+00:00

Citigroup plans to sell a 24% stake in Grupo Financiero Banamex, totaling about 499 million shares, for approximately MXN 43 billion ($2.5 billion), as previously reported by Bloomberg News.

NodeGuardian

2026-02-26 08:52:00

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Citigroup announced it has agreed to sell a 24% stake, approximately 499 million shares, of Grupo Financiero Banamex’s common stock for about MXN 43 billion, which translates to roughly $2.5 billion. This sale follows earlier reports by Bloomberg News about the impending agreement.

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