Citigroup to pursue Mexico retail IPO after sale fails
/cloudfront-us-east-2.images.arcpublishing.com/reuters/WWHVI3ZNW5NWZK5AWZTLD5RRRQ.jpg "Citigroup to pursue Mexico retail IPO after sale fails")
May 24 (Reuters) – Citigroup Inc (C.N) will pursue an initial public offering of its Banamex unit comprising consumer, small business and middle-market banking operations in Mexico, the bank said on Wednesday. Mexican conglomerate Grupo Mexico (GMEXICOB.MX) had been in talks to buy the unit, a person familiar with the matter had told Reuters earlier … [Read more…]