Dienstag, 27. November 2007

Bankenkrise: Citigroup erhält Finanzspritze aus Abu Dhabi!

Gefunden beim Wall Street Journal:


Abu Dhabi to Bolster Citigroup With $7.5 Billion Capital Infusion

Citigroup Inc. ... is receiving a $7.5 billion capital infusion from the investment arm of the Abu Dhabi government.
...
As a result of the deal, the investment authority known as ADIA will become one of Citigroup's largest shareholders, with a stake of no more than 4.9%.
...
In exchange for its investment, ADIA will receive convertible stock in Citigroup yielding 11% annually. The shares are required to be converted into common stock at a conversion price of between $31.83 and $37.24 a share over a period of time between March 2010 and September 2011.