Citigroup sells private equity assets to Axa unit

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PARIS, June 8 | Wed Jun 8, 2011 4:03am EDT

The portfolio comprises 207 stakes in various buyout funds as well as some direct stakes in companies, Axa said, adding that Citi -- which has been looking to focus on its core businesses -- was financing the purchase. (Reporting by Christian Plumb; Editing by James Regan)

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PARIS, June 8 | Wed Jun 8, 2011 4:03am EDT

The portfolio comprises 207 stakes in various buyout funds as well as some direct stakes in companies, Axa said, adding that Citi -- which has been looking to focus on its core businesses -- was financing the purchase. (Reporting by Christian Plumb; Editing by James Regan)

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PARIS, June 8 | Wed Jun 8, 2011 4:03am EDT

The portfolio comprises 207 stakes in various buyout funds as well as some direct stakes in companies, Axa said, adding that Citi -- which has been looking to focus on its core businesses -- was financing the purchase. (Reporting by Christian Plumb; Editing by James Regan)

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