Citi nears Banamex stake sale to investor group including Blackstone, Bloomberg News reports

Reuters01:27

Citi nears Banamex stake sale to investor group including <a href="https://laohu8.com/S/BX">Blackstone</a>, Bloomberg News reports

Feb 23 (Reuters) - Citigroup C.N is nearing a deal to sell a 24% stake in its Mexican retail bank Grupo Financiero Banamex to a group of investors that includes Blackstone BX.N, Bloomberg News reported on Monday, citing people familiar with the matter.

(Reporting by Ateev Bhandari in Bengaluru; Editing by Shailesh Kuber)

((Ateev.Bhandari@thomsonreuters.com;))

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