WSJ: Citigroup mulls options, including outright sale - Update
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21/11/08 , 11:00 /
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Citigroup Inc. is exploring the possibility of selling parts of the company or an outright sale following the plunge in its stock price, the Wall Street Journal reported Thursday, citing people familiar with the matter. The report comes close on the heels of news earlier in the day that Saudi Arabian investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud plans to increase his holdings in Citigroup back to 5% from less than 4%. Despite the news, the company's shares plunged 26% on Thursday.
21/11 11:00 WSJ: Citigroup mulls options, including outright sale - Update Citigroup Inc. is exploring the possibility of selling parts of the company or an outright sale following the plunge in its stock price, the Wall Street Journal reported Thursday, citing people familiar with the matter. The report comes close on the heels of news earlier in the day that Saudi Arabia... /
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