Citigroup Considers More Stake Sales in Banamex
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Citigroup Inc. (NYSE: C) Chief Financial Officer, Mark Mason, has said that the bank is considering more stake sales at its Mexican retail-banking unit, (Banco Nacional de México, S.A.) Banamex. The bank would continue preparations for a public sale of its remaining shares. The bank closed the sale of a 25% stake in Banamex to Mexican billionaire Fernando Chico Pardo in mid-December.
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