Citigroup to acquire Viking Global Investors in a $2.6bn cash transaction

Citigroup has completed the acquisition of Viking Global Investments, an equity investment firm that invests in startups and emerging markets.Viking Global, which has an investment portfolio of $1.8bn, will be renamed Viking Global Partners.The deal is subject to regulatory approval.Viking’s global investor relations director, Daniel T. Bocock, said the transaction will enable the bank toRead More