Gruma Said to Sell Stake in Lender Banorte at 52 Pesos a Share
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Gruma SAB sold its stake in lender Grupo Financiero Banorte SAB at 52 pesos per share, according to two people familiar with the matter.
Gruma, Mexico’s largest maker of corn flour for tortillas, sold 161.4 million shares in the lender, the people said.