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Mexico’s Grupo Financiero Inbursa still in process to buy Citibanamex

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Stock Markets 4 minutes ago (Jul 27, 2022 11:06AM ET)

Mexico's Grupo Financiero Inbursa still in process to buy Citibanamex © Reuters. FILE PHOTO: A man walks past a Citibanamex bank branch in Mexico City, Mexico January 13, 2022. REUTERS/Gustavo Graf

MEXICO CITY (Reuters) – Grupo Financiero Inbursa is still in the process to buy Citigroup (NYSE:C)’s Mexican retail bank unit and is inviting other business partners to join their bid, Inbursa’s Director of Investor Relations Frank Aguado said Wednesday during a conference call discussing the company’s second quarter results.

Mexico’s Grupo Financiero Inbursa still in process to buy Citibanamex

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