BlackRock to buy asset management unit of Mexico’s Citibanamex

BlackRock to buy asset management unit of Mexico’s Citibanamex

BlackRock Inc on Tuesday said it had agreed to buy the asset management business of Mexico’s Citibanamex, a subsidiary of Citigroup Inc, in a sign of the growth potential the world’s largest asset management sees in the country.

This breaking news has been sourced from Fox News.

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