A Huffalump did his business here...: Citibank beats out Society Generale for China's Guangdong Development Bank

Wednesday, September 13, 2006

Citibank beats out Society Generale for China's Guangdong Development Bank

SHANGHAI : China has approved a plan for a consortium led by US banking giant Citigroup to buy into Guangdong Development Bank, a bid that has beat out France's Societe Generale, an official said.

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