M&A Deal Summary |
|
|---|---|
| Date | 2001-05-17 |
| Target | Grupo Financiero Banamex |
| Sector | Financial Services |
| Buyer(s) | Citi |
| Deal Type | Add-on Acquisition |
| Deal Value | 12.5B USD |
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| Category | Company |
|---|---|
| Founded | 1812 |
| Sector | Financial Services |
| Employees | 237,000 |
| Revenue | 78.5B USD (2023) |
Citi is a global diversified financial services holding company, whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Citi was incorporated in 1812 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 16 |
| Sector (Financial Services) | 4 of 13 |
| Type (Add-on Acquisition) | 3 of 11 |
| Country (Mexico) | 1 of 1 |
| Year (2001) | 1 of 2 |
| Size (of disclosed) | 2 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-05-14 |
The Robinson-Humphrey
Atlanta, Georgia, United States The Robinson-Humphrey Co. LLC is a private client business and the municipal banking, sales and trading operations, which have been previously integrated into SSB, are not included in this transaction and their management structures remain the same. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-06-30 |
European American Bank
Uniondale, New York, United States European American Bank provides commercial and retail banking services in the New York. |
Buy | $1.9B |
