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Citigroup Receives 1st Round Of Bids For Primerica -Reuters

Jun 6, 2008 Market Outlook

Citigroup Receives 1st Round Of Bids For Primerica -Reuters

Last Update: 6/6/2008 12:32:38 PM

DOW JONES NEWSWIRES

Citigroup Inc. (C) has received its first round of bids for its Primerica unit,
Reuters reported Friday, citing sources. The unit has drawn interest from life
insurance and private equity companies. The value of the unit is about $7 billion
and a deal could come by the end of summer.

Web site: www.reuters.com

-Dow Jones Newswires; 201-938-5500

(END) Dow Jones Newswires

June 06, 2008 12:32 ET (16:32 GMT)

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Technorati Tags: Citigroup, Citigroup Inc, Citing Sources, Dow Jones, Dow Jones Newswires, Insurance, Life Insurance, Primerica, Private Equity Companies, Reuters, Summer Web

Tags: Citigroup, Citigroup Inc, Citing Sources, Dow Jones, Dow Jones Newswires, Insurance, Life Insurance, Primerica, Private Equity Companies, Reuters, Summer Web