$TRUMP Citi Group Inc. prepares to list Banamex
through meetings with analysts in Mexico
City
Citi Group Inc. is accelerating its efforts to spin off its Mexican consumer banking operations, bringing Wall Street analysts together in Mexico City ahead of the planned initial public offering of financial group Grupo Financiero Banamex early next year.
Senior executives, including Banamex Chairman Fernando Chico Pardo, CEO Edgardo del Rincón, and CFO Patricio Díez de Bonilla, met in person with analysts from the banks underwriting the anticipated IPO, according to Bloomberg. The sessions focused on reviewing multi-year financial forecasts as analysts prepared valuation models to market the bank to global institutional investors.
$XAU
through meetings with analysts in Mexico
City
Citi Group Inc. is accelerating its efforts to spin off its Mexican consumer banking operations, bringing Wall Street analysts together in Mexico City ahead of the planned initial public offering of financial group Grupo Financiero Banamex early next year.
Senior executives, including Banamex Chairman Fernando Chico Pardo, CEO Edgardo del Rincón, and CFO Patricio Díez de Bonilla, met in person with analysts from the banks underwriting the anticipated IPO, according to Bloomberg. The sessions focused on reviewing multi-year financial forecasts as analysts prepared valuation models to market the bank to global institutional investors.
$XAU