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Santander says is out of Citigroup’s sale of Citibanamex

07/22/2022

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2022.07.22 09:43

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Santander says is out of Citigroup's sale of Citibanamex
FILE PHOTO: Signage for Santander bank in London, Britain, February 14, 2012. REUTERS/Luke MacGregor

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MADRID (Reuters) – Spain’s Santander (BME:SAN) said on Friday it was out of the process to buy Citigroup (NYSE:C)’s Mexican unit.

Santander had filed a non-binding offer to buy assets of Citibanamex though it “has been informed it will not be continuing in the next stages of the process,” it said in a statement.

07/22/2022

Less than a minute

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