Citigroup to Sell $4.3B Private Equity Fund and 2 Other Hot Stocks to Watch

Citigroup Inc. (NYSE:C): Current price $49.41

Citi will divest a $4.3 billion private equity fund, Citi Venture Capital International, for an undisclosed price to the investment firm Rohatyn Group, which will have in excess of $7 billion in assets under management following the transaction, according to a company statement. The Wall Street Journal first reported the sale, which should close in the fourth quarter.

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