Citigroup enters pact to take over all of Nikko

October 31, 2007

Citigroup enters pact to take over all of Nikko
NEW YORK (Reuters) - Citigroup Inc , the largest U.S. bank, said on Wednesday it has signed a share exchange agreement under which it will assume 100 percent ownership of Nikko Cordial Corp , Japan’s third-largest brokerage.