Citigroup Selling $7.5B Stake to Abu Dhabi

November 26, 2007

Citigroup Inc. is selling up to 4.9% 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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Citigroup Selling $7.5B Stake to Abu Dhabi

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