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NEW YORK (AP) — Citigroup Inc. said Thursday it is selling its entire majority stake in a Japanese asset management company to The Sumitomo Trust and Banking Co Ltd. for about $795 million.
                    [DatePublished] => 2009-08-03 00:00:00
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NIKKO ASSET MANAGEMENT

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abtest

Citigroup sells stake in Japanese asset manager

August 3, 2009 - 12:00am

NEW YORK (AP) — Citigroup Inc. said Thursday it is selling its entire majority stake in a Japanese asset management company to The Sumitomo Trust and Banking Co Ltd. for about $795 million.

Business