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Citigroup can't block Abu Dhabi arbitration over $7.5 billion stake
A U.S. judge has rejected Citigroup Inc's effort to block the Abu Dhabi Investment Authority from seeking a second arbitration over the sovereign wealth fund's $7.5 billion investment in late 2007 to shore up the then-struggling bank. U.S. District Judge Kevin Castel in Manhattan said on Monday that arbitrators, not…
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Click here to read the full story: Reuters