Abu Dhabi injects $7.5bn into Citigroup
This item updates item 'US : The human face of the lending crisis'
Nov 27, 2007
REUTERS
Citi to sell $7.5 bln stake to Abu Dhabi group:
NEW YORK (Reuters) - Citigroup Inc is selling up to 4.9 percent of itself for $7.5 billion to the investment arm of the Abu Dhabi government, giving the largest U.S. bank fresh capital as it wrestles with the subprime mortgage crisis and the resignation of its chief executive(...)
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