Citigroup leads EBRD sale in Bank Pekao

Citigroup has led the sale of a Polish zloty 567m (€121m) stake in Poland's Bank Pekao by the European Bank for Reconstruction and Development (EBRD), in a rare accelerated deal in emerging markets.

Lucy Ferguson, vice president in equity capital markets at Citigroup said: "An accelerated deal is a reasonably rare phenomenon in emerging markets."

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached