| 18.12.2009 - GIC: Citigroup stake to be diluted to about 4pct after Citi offering |
| From Dow Jones: Government of Singapore Investment Corp., or GIC, said Friday that its stake in Citigroup Inc. (C) will be reduced to about 4% from 4.9% after the latest round of capital raising by the U.S. bank. "GIC will continue its investment in Citigroup as we are confident of its long-term prospects," GIC spokeswoman Jennifer Lewis said in a statement......................................Full Article: Source |