By
admin
#Acquisitions, #Acquisitions/Mergers/Takeovers, #article_normal, #Banamex, #Banco Bilbao Vizcaya Argentaria S.A., #Banco Santander S.A., #Banco Santander S.A. ADR, #Banking, #Banking/Credit, #bidding, #C, #Citigroup Inc., #Citis, #Commercial Banking, #Credit, #ES:BBVA, #ES:SAN, #Financial Services, #Integrated Banks, #Mergers, #San, #Santander, #takeovers, #withdraws
Banco Santander SA said Friday that it won’t continue the bidding process for Citigroup Inc.’s
C,
Banamex unit in Mexico.
The Spanish bank
SAN,
SAN,
said it had submitted a non-binding offer for the unit, but it won’t be continuing in the next stages of the process, Santander said in a statement.
Write to Xavier Fontdegloria at [email protected]
