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Citigroup Lower; Puts European Headquarters Up for Sale

Financial News Network
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April 11, 2011 AT 6:03 PM
Shares of Citigroup are seeing some downward pressure on Bloomberg report that the bank's European headquarters in London's Canary Wharf is up for sale for more than the $1.6 billion it paid for it four years ago. Citigroup shares had shown some upside potential in the pre-market session but that gave way soon after the open. Shares are down 0.66%, or $0.03, to $4.53.