The president of Mexico, Andrés Manuel López Obrador, said on Tuesday that “the negotiations are going very well” for the sale of Citibanamex, the local retail unit of the US Citigroup, and that “there will be no problem” if Grupo México is finally The buyer.
the mexican conglomerate Mexico Groupwhich has businesses in mining, transportation and infrastructure, is among the safest bidders to acquire the business that Citigroup put up for sale in January 2022.
“We have information that the negotiations are going very well and that one of the possible buyers is Grupo México,” the president said at his daily press conference. “If they are going to be those of Grupo México there will be no problem, we have differences with them but that is another matter,” he added.
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