BlackRock Completes Acquisition of Asset Management Business of Citibanamex
Sep 24, 2018 - Business Wire
Mergers and Acquisitions
BlackRock (NYSE:BLK) has completed its acquisition of Citibanamex's asset management business. Citibanamex is a subsidiary of Citigroup Inc. (NYSE:C). The transaction involves fixed income, equity, and multi-asset funds holding approximately $34 billion in investments.
This acquisition reaffirms BlackRock's conviction in Mexico's long-term growth potential and positions BlackRock to help more Mexicans build better financial futures. With 10 years of experience in the Mexican market, BlackR...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
