Citigroup Completes Sale of 9.9% Equity Interest in Akbank T.A.S.
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Citigroup (C) Completes $1.15B Sale of Akbank T.A.S. Stake
March 5, 2015 6:46 AM ESTCitigroup (NYSE: C) announced that it has sold 396 million common shares in Akbank T.A.S. (Akbank) through an equity offering representing its entire 9.9% equity interest in the company for TRY7.45 per share. Total proceeds from the transaction are expected to be approximately USD1.15... More
