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acquisitionAnnounced · Feb 24, 2026BankingSource · Unverified ReportsArticle · Factual

CitiBanamex · Citi

Citi acquires CitiBanamex

David Najork · Founding Software Engineer

Published Apr 29, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

$2.5B

Target

CitiBanamex

Mexico City, Mexico City

Acquirer

Citi

Financial Stake

Status

Pending

Citi agreed to acquire CitiBanamex. Reported deal value: $2.5B. Status: Pending. Sector: Banking. Target headquarters context: Mexico City, Mexico City, Mexico.

This page summarizes publicly available information about the transaction as of 2026-02-24. Figures and status may change as filings and press coverage update.

Yesterday at 10:20 AM Citi : $2.5 Billion Deal To Sell 24 % Stake In Banamex To Institutional Investors Ahead Of IPO Citi announced it has entered into agreements with several prominent institutional investors and family offices for commitments to purchase an aggregate 24 % equity stake in Grupo Financiero Banamex , S.A. de C.V. as the bank advances its divestiture of Banamex

Deal timeline

Announced

Feb 24, 2026 · pulse2.com

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Banking with a reported deal value of $2.5B. Figures and status may change as sources update.

Sources: pulse2.com · Primary article · FireStrike proprietary index