http://www.marketwatch.com/story/kuwait-fund-sells-41-billion-stake-in-citigroup-2009-12-06
SAN FRANCISCO (MarketWatch) — Kuwait’s sovereign wealth fund on Sunday said it has sold a $4.1 billion stake in Citigroup, according to a news report.
The Kuwait Investment Authority said it made a profit of $1.1 billion from the sale, or a 36.7% return on the investment, Dow Jones Newswires reported, citing an emailed statement,
The KIA [...]
A Kuwaiti businessman linked to Citigroup and charged in the United States with fraud committed suicide Sunday, a security official said.
Hazem al-Braikan was found dead in his bed with a gunshot wound to the head and a handgun at his side, said the official, speaking on condition of anonymity because he did not have the [...]
Recent Comments