Citigroup Close To Selling Major Holding In Aeromexico

Credit: AeroMexico
Citigroup Banamex, the Mexican subsidiary of the U.S. banking giant, may divest its stake in Grupo Aeromexico, sources close to the matter tell Aviation Week. Citigroup Banamex led a consortium of investors that purchased $250 million of Aeromexico stock in 2007, when the airline privatized. At the...

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