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Citigroup said to plan sale of US$10B private-equity unit
Citigroup Inc. plans to sell or split off its US$10-billion Citi Private Equity unit, expanding the list of money-management businesses the U.S. bank is disposing of to reduce debt, people familiar wi…
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ONGC to Lend $857 Million to Unit for Myanmar Project (Update1)
Dec. 29 (Bloomberg) — Oil & Natural Gas Corp. , India’s biggest explorer, will lend 40 billion rupees ($857 million) to its overseas unit investing in a gas field off Myanmar’s coast and a pipeline to carry the fuel to China.
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