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Santander goes hand in hand with two investment banks, Credit Suisse and Goldman Sachs, as advisers in the process of selling Citi's Mexican subsidiary, Banamex. Four other business groups (Banorte, Inbursa, Larrea and Mifel) have presented non-binding offers.
Santander goes hand in hand with Credit Suisse and Goldman Sachs in its bid for Banamex, Citi's Mexican business, according to sources close to the operation. The sale could be outlined before the end of the summer.
After decades in which UBS (leader
