The brand of Citibanamex is pictured at a financial institution department in Mexico Metropolis, Mexico January 13, 2022. REUTERS/Gustavo Graf
MEXICO CITY, June 22 (Reuters) – Mexican tycoon Ricardo Salinas Pliego mentioned on Wednesday he had determined to not proceed with a bid for Citi’s (C.N) Mexico unit, put up on the market earlier this 12 months.
“I used to be fascinated about shopping for Banamex and determined NO,” Salinas mentioned on Twitter. “I desire to INVEST IN MY CUSTOMERS of Banco Azteca and compete with (and beat) whoever buys that downside,” he mentioned.
Reporting by Kylie Madry; Modifying by Muralikumar Anantharaman
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