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Citigroup Files For IPO Of Primerica Unit

Source: Fox News
San Francisco : CA : USA | about 1 month ago  
Views: 29
Citigroup Inc. said late Thursday that its Primerica Inc. unit has filed plans for an initial public offering, the latest step in a break-up of the struggling financial giant. Primerica has roughly 100,000 licensed sales representatives who sell term life insurance, underwritten by the company,...
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  • News Source: International Business Times | about 1 month ago
    Citigroup Inc said on Thursday it plans to raise up to $100 million through selling shares of its Primerica Inc life insurance unit, as the financial colossus looks to shed assets outside its main banking business. Citigroup tried earlier this year...
  • News Source: Fox News | about 1 month ago
    Banking behemoth Citigroup (C) announced Thursday it filed regulatory documentation to hold an initial public offering for Primerica Inc., its life-insurance business. The spin-off represents another move designed to down-size the too-big-to-fail...
  • News Source: Asian Wall Street Journal | about 1 month ago
    This copy is for your personal, non-commercial use only. The dismantling of Citigroup Inc. continued Thursday, as the banking company unveiled plans to spin off its Primerica Inc. life-insurance and mutual-fund sales unit. In a regulatory filing...
  • News Source: Fox News | about 1 month ago
    Citigroup Inc. said late Thursday that its Primerica Inc. unit has filed plans for an initial public offering, the latest step in a break-up of the struggling financial giant. Primerica has roughly 100,000 licensed sales representatives who sell term...
  • News Source: Seattle Times | about 1 month ago
    O Citigroup says it filed plans for an initial public offering of its Primerica Inc. life insurance unit and will sell off the rest of the division after it goes public. Citigroup says it filed plans for an initial public offering of its Primerica...
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