
Larrea Bows Out After Citi Rejection in Banamex ‘Telenovela’
Published on: Oct. 10, 2025, 10:31 p.m. | Source: Livemint
Mining magnate German Larrea’s conglomerate, Grupo Mexico SAB, said it accepts Citigroup Inc.’s decision to reject its $9.3 billion offer for the US bank’s Grupo Financiero Banamex business.