Nov27
Abu Dhabi injects $ 7.5 bn into Citigroup
on November 27th, 2007 at 6:04 amPosted In: News & Articles
New York : Citigroup Inc., seeking to restore investor confidence amid massive losses due in credit markets and a lack of permanent leadership, has announced that it will receive $ 7.5 billion from the Abu Dhabi government. The investment by the Abu Dhabi Investment Authority will help rebuild Citigroup’s capital levels, which have been eroded […] ↓ Read the rest of this entry…
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