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April 15, 2007
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Citigroup bids $10.5bn for Nikko
| Findory News
BBC: US banking giant Citigroup offers 1.253 trillion yen to buy Nikko Cordial, Japan's third-largest brokerage.
Citigroup makes takeover bid for Japanese broker
| Findory News
Boston Globe: Citigroup Inc. , the biggest US bank, offered $10.8 billion to buy investment-banking partner Nikko Cordial Corp. after the Japanese brokerage was battered by an accounting scandal.
4th Shareholder of Nikko in Japan Rejects a Citigroup Offer as Low
Sun, 11 Mar 2007 19:55:22 EDT | New York Times
Orbis Investment Management, which owns 6.9 percent of Nikko, said in a statement that Citigroup?s offer was ?unacceptable.?
Citigroup Raises Its Bid for Brokerage in Japan
Tue, 13 Mar 2007 20:49:23 EDT | New York Times
If successful, Citigroup?s takeover of Nikko Cordial would be the biggest foreign acquisition of a Japanese securities company.
Citigroup lifts bid for Nikko (FT.com)
Tue, 13 Mar 2007 19:45:50 GMT | Yahoo! Finance
Big deals are sometimes the easiest to do because there is so little competition. For Citigroup , however, the absence so far of a credible rival bidder was not enough to secure Nikko Cordial on the cheap.
Citigroup pays CEO Prince $26 mln for 2006 (Reuters)
Wed, 14 Mar 2007 02:22:01 GMT | Yahoo! Finance
Citigroup Inc. said on Tuesday that it awarded Chairman and Chief Executive Charles Prince $25.98 million in compensation for 2006, about 13 percent more than a year earlier, though costs grew twice as fast as revenue.
Chesapeake Energy vs. Citigroup: Citigroup (at Motley Fool)
Thu, 15 Mar 2007 14:03:21 GMT | Yahoo! Finance
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