Tuesday, November 27, 2007
Citigroup to sell $7.5 billion stake to Abu Dhabi
"Citigroup Inc (NYSE:C - News) is selling up to 4.9 percent of itself for $7.5 billion to the Gulf Arab emirate of Abu Dhabi, 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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