Citigroup succeeds in tender offer for Nikko

TOKYO, Japan - Shoji Kuwashima (L), president of Nikko Cordial Corp., and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., shake hands after their joint news conference at a hotel in Tokyo on April 27. Citigroup Inc. said it has successfully completed its tender offer for Nikko Cordial Corp., raising its stake in Japan's third-biggest brokerage to 61.1 percent from 4.9 percent in a $7.7 billion cash bid. (Kyodo)

• Product Code
• ILEA000035956

• Registered date
• 2007/4/27 00:00:00

• Credit
• Kyodo / Kyodo News Images

• Media source

• Media size
• 1662 × 1228 pixel

• Resolution
• 72 dpi

• Deployment size
• 255.97(KB)*

• Special instruction

*File size when opened in Photoshop, etc.