Akbank Drops for 6th Day in Istanbul on Citigroup Disposal
The shares dropped 2.2 percent to 5.32 liras at the close in Istanbul, the lowest since July 2009.
Citigroup sold 404 million shares in Akbank, or a 10.1 percent stake, for 5.24 liras each, it said in a statement last week. Citigroup will retain its remaining 9.9 percent stake in Akbank for three years.
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