🔴 GMEXICOB.MX slides 2.7% today after Citi reportedly rejects Banamex acquisition approach

GMEXICOB.MX is trading 2.7% down at $197.08 today, extending recent weakness.

• The decline follows reports on June 23, 2026, that Citigroup rejected Grupo Mexico's bid for its Banamex retail operations, opting instead to focus on an IPO for the Mexican bank.
• This news likely dampened investor sentiment who may have anticipated a positive outcome from the acquisition.
• The stock continues a downward trend from $210.36 on June 22 and $206.10 on June 23.