NewsWhore
03-26-2012, 08:20 AM
Citigroup Selling Akbank Stake May Pressure Shares (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH-sS5G-iIiUoltw1QmWXGn6KDIEw&url=http://www.bloomberg.com/news/2012-03-26/citigroup-selling-akbank-stake-may-pressure-shares.html)
Bloomberg
An impairment charge of $700 million is expected in the first quarter by cutting the investment in Akbank, due to currency losses and marking down the current carrying value of the stake to market prices, Citigroup said on March 23.
and more » (http://news.google.com/news/more?ned=us&ncl=dkZG8BjbHVVJOgM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH-sS5G-iIiUoltw1QmWXGn6KDIEw&url=http://www.bloomberg.com/news/2012-03-26/citigroup-selling-akbank-stake-may-pressure-shares.html)
Bloomberg
An impairment charge of $700 million is expected in the first quarter by cutting the investment in Akbank, due to currency losses and marking down the current carrying value of the stake to market prices, Citigroup said on March 23.
and more » (http://news.google.com/news/more?ned=us&ncl=dkZG8BjbHVVJOgM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH-sS5G-iIiUoltw1QmWXGn6KDIEw&url=http://www.bloomberg.com/news/2012-03-26/citigroup-selling-akbank-stake-may-pressure-shares.html)