Citigroup Banamex, the Mexican subsidiary of the U.S. banking giant, may divest its stake in Grupo Aeromexico, sources close to the matter say. Citigroup Banamex led a consortium of investors that purchased $250 million of Aeromexico stock in 2007, when the airline privatized. At the time, the Citigroup consortium held a 49% equity stake in the carrier, an Aeromexico spokeswoman tells Aviation Week. Since 2007, Citigroup’s share has fallen to 40-45%, the spokeswoman says. Aeromexico ...
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