SINGAPORE: Citigroup Inc has chosen preferred bidders for its consumer assets in several Asian markets as the US lender presses ahead with its plans to divest numerous units across the region, according to sources. The US lender picked Bank of Ayudhya Pcl as the leading suitor to buy its retail assets in Thailand, the sources said. The bank, which is owned by Japan’s Mitsubishi UFJ Financial Group Inc, will continue to negotiate the terms of a potential deal in the coming weeks, they said.A tran
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2021-12-08 00:00:00.0