Carlos Slim's Inbursa closes deal for Walmex bank unit

June 23, 2015 9:11 PM

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MONTERREY, Mexico June 23 Mexico's Grupo Financiero Inbursa, controlled by billionaire Carlos Slim, said on Tuesday that it had finalized the purchase of the banking unit of Wal-Mart de Mexico (Walmex) for 3.612 billion pesos ($234.46 million).

Last December, Inbursa said that it had come to an agreement with Walmex to buy its banking unit, which provides credit cards and loans to the store's customers.

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