Citi Faces Loss with Egg Sell-Off

Summary


CITIGROUP could make a loss of up to Pounds 273 million on the sale of Egg, the world's largest internet bank, according to sources close to the process.

Barclays is understood to be offering half of what Citigroup paid for Egg when it acquired the company from Prudential three years ago.

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Citi Faces Loss with Egg Sell-Off

Private equity giants Kohlberg ...

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