Grupo Mexico will not enter a bidding war for Citi's retail unit in the country, known as Banamex, as its offer already ...

C reaffirms its Banamex IPO plan despite Grupo Mexico's renewed bid, signaling commitment to its strategic refocus.

Grupo Mexico will not enter a bidding war for Citi's retail unit in the country, known as Banamex, as its offer already ...

Mexican conglomerate Grupo México has submitted a binding offer to acquire up to 100% of Banamex from Citigroup.

Grupo México’s consensus analyst price target has inched higher, rising from MX$130.60 to MX$134.64. This subtle increase reflects a generally improved outlook from market experts, driven by updated ...

MEXICO CITY (Reuters) -Mining and transportation conglomerate Grupo Mexico reported net profit rose 10% in the second quarter, helped by lower mining costs and a good performance from its copper ...

Grupo Mexico is still studying "strategic alternatives" for its mining units after backing off plans to merge Tucson-based Asarco with Phoenix-based Southern Copper. "We are going to continue looking ...

Analysts expect lower copper prices in 2023 amid recession fears from tighter Federal Reserve policy. Since Grupo México is one of the largest copper producers in the world, its shares should follow ...

Grupo Mexico SAB is pushing Citigroup Inc. to keep a portion of its Mexican retail operation, which it would later sell in a public offering, according to a person with knowledge of the matter. Grupo ...

MEXICO CITY, Aug 1 (Reuters) - A labor dispute mechanism under the U.S.-Canada-Mexico (USMCA) trade deal does not apply at Grupo Mexico's San Martin mine in Zacatecas state where the U.S. had raised ...

Citigroup still plans to pursue an IPO for its Mexican retail unit even after receiving a new offer by mining and ...