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Top Código Magenta News

Power Outages · MexicoPower was knocked out to more than 2 million customers in three states in southeast Mexico Friday after a problem with a transmission line, the country’s president said. President Claudia Sheinbaum said via X that technicians from Mexico’s state-owned power company, known as CFE, were working to restore power to Yucatan, Campeche and Quintana Roo states.See the Story
Power outage hits three states in southeast Mexico, president says
40% Center coverage: 25 sources

Mexico City, Mexico · Mexico CityMexican mining magnate German Larrea’s Grupo Mexico SAB offered to buy full control of Citigroup Inc.’s Banamex unit, attempting to upstage a deal to sell a stake to another Mexican billionaire and convert the lender into a publicly traded company.See the Story
Citi’s Banamex Gets Competing Bid From Mexican Mining Tycoon
57% Left coverage: 7 sources

Claudia Sheinbaum · Mexico CityGrupo Mexico, a onetime front-runner for Citi’s Mexico retail presence, disclosed a bid to one-up billionaire Fernando Chico Pardo’s play for a 25% stake, and would purchase the rest, too. Citi, however, said it hadn’t received it.See the Story
Citi Has a Competing Bid for Banamex
60% Left coverage: 5 sources