Citigroup Selling TruPS After Repaying Bailout: Credit Markets
BusinessWeek - 1 hour 9 min ago
Citigroup Inc., seeking capital after repaying bailout funds to the Treasury, is selling trust preferred securities as rising investor demand drives borrowing costs to near the lowest in almost five years.

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BusinessWeek - Apollo Said to Triple Property Assets With Citi Unit Purchase - 5 hours 5 min ago

Apollo Management LP agreed to buy Citigroup Inc.’s real estate investment unit in a move that will more than triple the value of the private-equity firm’s property assets, a person with knowledge of the deal said yesterday.

Financial Times - Apollo to buy Citi real estate unit - 9 hours 1 min ago

Apollo Management has signed a preliminary agreement to buy Citigroup's property investment unit in a deal that would give Leon Black's private equity firm a far bigger presence globally, people familiar with the matter say

BusinessWeek - Apollo Management Said to Buy Citigroup Real Estate Unit - 10 hours 18 min ago

Apollo Management LP agreed to buy Citigroup Inc.’s real estate investment unit, according to a person with knowledge of the deal.

Reuters India - Founders, Citi buy Tata Motors shares from Daimler - BSE - 21 hours 13 min ago

MUMBAI (Reuters) - Tata Sons, the holding entity for Tata Group firms, and Citigroup have acquired a 8.65 million shares in Tata Motors from Germany's Daimler AG.

COMMENTARY:

DealBook - Apollo Said to Buy Citi's Real Estate Unit - 3 hours 25 min ago

Apollo Management agreed to buy Citigroup's real estate investment unit in a move that will more than triple the value of the private-equity firm's property assets, a person with knowledge of the deal told Bloomberg News. 0

Economic Times - Apollo may buy Citi Property Investors - 4 hours 31 min ago

US private equity firm Apollo Management LP has agreed to buy Citigroup's real estate investment division, Bloomberg said, citing a person with knowledge of the deal.

BusinessInsider - Gasparino: The Government May Unwind Its Massive Stake In Citigroup As Early As Spring - 12 hours 56 min ago

The U.S. government may sell its massive stake in Citigroup as early as this spring, FOX Business's Charlie Gasparino is reporting. From Charlie's report: Previously, federal officials, including Herbert Allison, who heads the Troubled Asset Relief Program, have said that they plan to unload the ...

WSJ MarketBeat - Citigroup: ‘Shares no Longer Toxic?’ and Smart Money Buying? - 13 hours 40 min ago

It’s been a good week on the Web for the folks over at Fortune. First there was their profile of reclusive former Lehman Brothers CFO Erin Callan which ping-ponged around the Web. Now, a rosy read on Citigroup is being pointed to by some looking to explain the stock’s 6% surge. The ...

Wall Street Pit - U.S. Treasury Looking to Unload its 27% Citigroup Stake - 14 hours 17 min ago

Fox Business News reporter Charlie Gasparino reports a rumor that the U.S. government is in the process of discussing plans to sell its massive stake in Citigroup (C), sometime within the next three months. According to Gasparino, federal officials, including the head of TALF Herbert Allison, ...

Economic Times - Citigroup picks up 0.97pc of Daimler stake in Tata Motors - 20 hours 15 min ago

Foreign fund house Citigroup Global Markets Mauritius on Tuesday bought 0.97 per cent stake in Tata Motors for Rs 350.13 crore through open market transaction-- as part of the 5.34 per cent residual stake that Dailmer sold in the country's largest automaker.

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