Citi's $10.8 Billion Japanese Play

MacFadyen, Ken
March 2007
Investment Dealers' Digest;3/12/2007, Vol. 73 Issue 10, p6
Trade Publication
The article reports on the takeover bid for Japanese investment bank Nikko Cordial Corp. by Citigroup Inc. The latter is launching a tender offer to acquire a majority position and establish its presence in Japan. The analysts looking at Citigroup's stocks approve the move, however, some observers cite integration risks posed by the combination.


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