| 07.12.2009 - Kuwait makes $1.1 bln from Citi stake sale |
| From Maktoob.com: Kuwait's sovereign wealth fund said on Sunday it had sold its stake in U.S. bank Citigroup, becoming the latest Gulf investor to sell foreign shares as markets improve. Kuwait Investment Authority (KIA) transferred the preferred stocks it owned in Citigroup to normal stocks and sold all of them for $4.1 billion, KIA said in a statement..................................Full Article: Source |