Citi Sees Vibrant Mexico M&A Pipeb

Citi Sees Vibrant Mexico M&A Pipeb


Mexico will likely see a shift towards greater M&A activity in 2009, characterized by smaller deals than in the past two years, Carlos Vara, co-head of LatAm investment banking at Citi, tells LatinFinance. “We have probably the most important, in terms of the number of deals, M&A pipeline we have had in at least six years,” says the Mexico City-based banker. The 18-20 deals Citi has in the works in Mexico are not the large transactions from the likes of Cemex ($15.3bn) or Gigante ($1.7bn) that c

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