Citigroup Completes Sale of 9.9% Equity Interest in Akbank T.A.S.
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall St futures subdued as investors weigh earnings, oil prices
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Snowflake soars 20% on earnings beat and raised guidance
- Oil prices hit fresh 6-week highs on renewed Middle East tensions
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
Citigroup (C) Completes $1.15B Sale of Akbank T.A.S. Stake
March 5, 2015 6:46 AM ESTCitigroup (NYSE: C) announced that it has sold 396 million common shares in Akbank T.A.S. (Akbank) through an equity offering representing its entire 9.9% equity interest in the company for TRY7.45 per share. Total proceeds from the transaction are expected to be approximately USD1.15... More
