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Home Automotive

Citibanamex will appeal the judge’s decision that would stop the bank’s sale due to the Oceanography case

by souhaib
January 22, 2022
in Automotive
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Citibanamex reported that it plans to appeal the precautionary measure issued by a judge in Mexico City, through which it is determined that it must refrain from selling the bank, until the main lawsuit against the shipping company is resolved in a final sentence. Oceanography.

The bank stressed that it does not expect such matter to have any impact on the timetable for the sale of its consumer business in Mexico.

In an information card, he considered that there are no legitimate grounds for the judge to have issued said precautionary measure, which, he stressed, is not yet effective, particularly given the unfounded allegations contained in the lawsuit.

“We plan to appeal the injunction and currently do not expect this matter to have any impact on the timeline for sale of our consumer business in Mexico,” he stated.

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