OTHER

Citi Bank

In 1988, acting on the Mexican government’s decision to privatize Teléfonos de México, Citibank in joint form with Accival S.A. de C.V. analyzed the possible acquisition of 100% of the company’s capital stock.

Investment of US$542 million was authorized by the president of the board of Citibank at the international level, yet the Mexican government was uninterested and the transaction was not completed.

Sell-side advisory

Activity: Investment banking

Year 1998