Citigroup (C)

Kuwait Investment Authority or KIA, the country's sovereign wealth fund, said it sold a $4.1 billion stake in Citigroup.
The KIA said it made a $1.1 billion profit, or a 36.7% return on its investment, according to the emailed statement. The KIA invested $3 billion in Citibank at the beginning of 2008, the authority added.

Dec 7 · 4:30:00 PM · Source: Reuters
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by Michael Oliveto