Australian shares rise on banks, Navitas soars; NZ flat [Reuters (UK)]
Citigroup, Inc. (C)
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Source: Reuters
Australian shares rise on banks, Navitas soars; NZ flat | Reuters 3 Min Read * Financial stocks dominate gains * Navitas surges on sweetened buyout offer from consortium By Shriya Ramakrishnan Jan 15 (Reuters) - Australian shares edged higher on Tuesday, boosted by banks which tracked gains in their U.S. peers, though concerns about a slowdown in China’s economy restrained overall sentiment. Shares of adult education provider Navitas jumped as much as 15.3 percent and was the market’s top performer, after it received a sweetened A$2.09 billion ($1.51 billion) buyout offer from a consortium of its founder Red Jones and private equity firm BGH. The S&P/ASX 200 index rose 0.2 percent, or 12.7 points, to 5,785.8 by 0057 GMT. The benchmark ended 0.02 percent lower on Monday. Exports from China, Australia’s top export market, posted their biggest drop in two years in December, data showed on Monday, while imports also contracted, pointing to further weakness in the world’s second-largest ec
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C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form FWP
- 4/26/24 - Form 424B2
- C's page on the SEC website