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ID: 27936
Title: Major Nikko investor says Citigroup offer too low (Reuters)
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File photo shows a man walking past a Nikko Cordial Corp. Sign at a branch in Tokyo, March 7, 2007. Orbis Investment Management Ltd. said that Citigroup's $10.8 billion bid for Nikko Cordial Corp. is too low, joining a chorus of shareholders that separately control about 25 percent of the troubled Japanese brokerage's shares. (Kim Kyung-Hoon/Reuters)Reuters - Orbis Investment Management Ltd. said that Citigroup's $10.8 billion bid for Nikko Cordial Corp. (8603.T) is too low, joining a chorus of shareholders that separately control about 25 percent of the troubled Japanese brokerage's shares.
Category: Business/
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Date Added: March 11, 2007 10:04:53 PM
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