MAY
24
Citi to Pursue Initial Public Offering of its Consumer, Small Business and Middle Market Banking Operations in Mexico as it Executes Strategy to Simplify Firm and Deliver Value to Shareholders
Citi to resume share buybacks this quarter. Business will retain the Banamex name and continue to serve as one of Mexico's leading banking partners for consumer, small and mid-sized business owners. Citi to retain and continue to grow market-leading institutional clients business in Mexico
MAY
23
Bajío states, outside of entities with the highest foreign investment attraction
The Bajío region is experiencing a strong demand for industrial warehouses, but its states were left out of those with the highest foreign direct investment attraction.
MAY
24
Disappearance of FND would lead producers to seek informal options.
According to the Morena Parliamentary Group, the proposal is for the credits provided by the Financial Institution to be carried out through the Trusts Established in Relation to Agriculture.
MAY
26
Transisthmic Corridor: Will it survive extortion?
The works of the Transisthmic Corridor in Oaxaca were stopped for 60 days by a group of six people from the community of Mogoñé in San Juan Guichicovi. These people blocked the work without justification, claiming to be affected and seeking compensation. Although no work had been done at that time, the blockades have been constant since the beginning of construction in 2019.
MAY
28
AMLO promises to inaugurate the Interoceanic Train in 3 months
President Andrés Manuel López Obrador estimated that the Interoceanic Passenger Train in the Isthmus of Tehuantepec will be inaugurated within three months.
MAY
26
Fibra Prologis plans to acquire 800,000 square meters of industrial warehouses to cater to nearshoring.
The transaction will be financed through debt and investment capital, as the Trust recently completed a $400 million follow-on offering.