U.S. to Sell Its Stake in Bailed-Out Citigroup

March 29, 2010  |  

(BBC) The US government is preparing to sell its 27% stake in Citigroup, in what would be one of the largest share sales in history.

Some 7.7 billion shares in the bailed-out bank will be sold in tranches throughout 2010, the US Treasury said.

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