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Citigroup's Asia retail units may draw bids from DBS, StanChart

Binding bids for Citigroup's retail assets in Indonesia, the Philippines, Taiwan and Thailand are due on Friday, while offers for the India unit are due next week

Citigroup has set a bid deadline next week for its Indian consumer assets, which could be valued about $2 billion in a sale, the people said.
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Citigroup has set a bid deadline next week for its Indian consumer assets, which could be valued about $2 billion in a sale, the people said.

DBS Group Holdings Ltd. and Standard Chartered Plc are among the lenders planning to bid for Citigroup Inc. consumer banking assets in Asia as the U.S. lender divests units across

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First Published: Oct 20 2021 | 10:26 PM IST

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