Announced
Completed
Financials
Sources
Tags
Domestic
Friendly
Mexico
Diversified Financials
Single Bidder
financial services
Majority
Completed
Acquisition
Private
Disposal
Synopsis
CIBanco, a Mexican bank, completed the acquisition of Mexican trust business of Deutsche Bank, a German multinational investment bank and financial services company. Financial terms were not disclosed. CIBanco director Ricardo Rangel said that purchase negotiations began in the final quarter of 2019, in what he called a “good deal for both banks”.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.