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Friday, March 8, 2013

Deals of the day -- mergers and acquisitions, (NYSE: C)

The following bids, mergers, acquisitions and disposals were reported by 1600 GMT on Thursday:** Citigroup Inc put its consumer finance units in Brazil up for sale, a source with knowledge of the situation told Reuters, in a deal that might fetch the New York-based bank as much as 1.5 billion reais ($761 million).

Citigroup Inc. is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services. Shares of C traded higher by 0.94% or $0.42/share to $45.00. In the past year, the shares have traded as low as $24.61 and as high as $45.13. On average, 33415700 shares of C exchange hands on a given day and today's volume is recorded at 40245836.