Streetbeat News

GMBXF

Grupo Mexico S.A.

Industry

Dimension Stone Mining and Quarrying

Open

4.94

Mkt cap

38B

Volume

100

High

4.94

P/E Ratio

10.74

52-wk high

7.00

Low

4.94

Div yield

0.04

52-wk low

4.65

Citigroup plans to pursue an IPO of its consumer, small business, and middle-market banking operations in Mexico under the Banamex brand. The separation is expected to be completed by the second half of 2024, with the IPO occurring in 2025. Citi's stock is trading lower following the announcement.

Portfolio Pulse from Anusuya Lahiri

May 24, 2023 | 3:01 pm

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