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..., up 11.5 per cent compared to the year before, according to Cerveceros de México, the national brewing industry association....
...Citi bought Banamex, one of Mexico’s oldest and most prestigious bank brands, for $12.5bn in 2001 to much fanfare....
...Grupo México and Apollo declined to comment. Citi bought Banamex in 2001 when it was Mexico’s second-largest bank with a long prestigious history....
...Flag carrier Aeroméxico was not the best advertisement this year for Mexico’s stock market....
...“Mexico is a priority market for Citi — that will not change,” Fraser said in a statement....
...CV Born January 1955, Mexico CityTotal pay Not disclosed Education 1973-77 Business administration, Instituto Tecnológico Autónomo de México 1979-81 Finance, HEC Paris School of Management 1981-82 Masters...
...But Washington, faced with a flood of asylum applications, wants them to stay in Mexico while their claims trickle through US courts....
...Banorte, Mexico’s third-biggest bank by assets, has agreed to buy Grupo Financiero Interacciones in a cash-and-share deal to create Mexico’s second-biggest financial institution, behind Spanish-owned BBVA...
...Rémy Cointreau’s chief executive remarked in January that he would be “a little afraid” to be in the business, given President Donald Trump’s threats of trade barriers with Mexico....
...KidZania, founded in Mexico in 1996, is a child-sized city, where visitors, aged from four to 14, choose realistic activities, some sponsored by companies....
...The regulatory approval represents an important milestone in the process, announced last year, to launch a cash tender offer for Delta’s acquisition for up to 49 percent of Grupo Aeromexico S.A.B. de C.V...
...Combined, the US and Mexico account for nearly four-fifths of global tequila sales, according to Euromonitor. Qué pena....
...In Mexico, the issuing agents will be Morgan Stanley Mexico, JP Morgan, Santander, and GBM. Internationally, Morgan Stanley and JP Morgan will handle issuing....
...The bank is dropping the sackcloth and proudly attaching its name and trademark umbrella to Banco Nacional de Mexico, its Mexican subsidiary, better known as Banamex....
...The chain began in Santa Fe, Mexico, in 1999 and has 23 branches, including Tokyo, Mumbai, Seoul and Jakarta. It came to London 18 months ago and will open in Johannesburg next year....
...This is thanks to global demand for tequila, especially in the US, home to 80 per cent of Mexico’s tequila exports....
...who suggest it could be the largest in Mexico in two years....
...Back in 1945, Grupo Bimbo’s baked goods were delivered to corner shops in Mexico City by five trucks. In 2015, the group serviced 2m points of sale across 22 countries....
...Mexican entertainments company CIE (Corporación Interamericana de Entretenimiento) has taken the risk, with the support of other private businesses and the government; the investment of $360m looks as if...
...Assume AB InBev can strip out 13 per cent of SABMiller’s costs — the level promised when it bought Mexico’s Grupo Modelo in 2012 — and there could be savings of $2.3bn....
...The US Department of Justice has issued a subpoena to Banco Nacional de Mexico, Citi’s Mexican arm, asking for information about transactions between the California unit of Banamex and the operations in...
...But perhaps the biggest obstacle is Mexico’s hugely restrictive investment regime....
...Or there is Mexico’s Cemex, in its heyday one of the world’s top three cement companies, which almost went bankrupt after it embarked on a US and European buying spree just before housing markets plunged...
...The HSBC case helped create a “sanctions paranoia on the part of US authorities”, says the senior Mexican banker, which led to a “brutal form of de-risking . . . and a refusal to do trades that Mexican...
...By Joy K Gallup of Paul Hastings The transformation of Mexico’s telecoms sector has begun....
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