TITLE

Citi's $10.8 Billion Japanese Play

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
March 2007
SOURCE
Investment Dealers' Digest;3/12/2007, Vol. 73 Issue 10, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
24407413

 

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