Citigroup's Mexican arm announces plans for $150 million AeroMexico bid
Banamex, Citigroup's Mexican banking unit, said yesterday it will lead a group of investors prepared to launch a bid valued at more than $150 million to purchase AeroMexico from government holding company Consorcio Aeromexico. The bid of MXN1.68 ($0.15) per share tops the MXN1.10 per share offer...
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