Deals
Citigroup Extends Information-Sharing Agreement With ValueAct
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Citigroup Inc. extended an information-sharing agreement with ValueAct Capital Management for two years to help maintain the activist investor’s support for bank leadership.
“We have benefited from their expertise and we appreciate how committed they are to this investment,” Citigroup Chief Executive Officer Michael Corbat said Thursday in a statement. “They have been adding real value and we expect they will continue to do so over the next two years.”