Sept 24 (Reuters) - Citigroup ( C/PN ) said on Wednesday it

has agreed to sell an equity stake in Grupo Financiero Banamex

to a company owned by Fernando Chico Pardo and his immediate

family, marking a step toward the firm's planned divestiture of

the unit.

Citigroup ( C/PN ) will sell a 25% stake in Banamex for 42 billion

Mexican pesos, equivalent to $2.3 billion. The bank said in a

filing the transaction is expected to close in the second half

of 2026.