Citigroup Inc.(C) to sell telemarketing company

News trigger of the Day – Citigroup Inc. (NY:C)
Close – $4.61
Strategy – Long
MACD – -0.21
RSI – 61.82
Citigroup Inc. (NY:C) is in news as CVC Capital and Blackstone (BX) are teaming up in the second round of bidding for Bellsystem24, Citigroup's (C) telemarketing company in Japan.
Citigroup Inc (NY:C) is looking to sell Bellsystem24 in a deal that could fetch more than $1 billion, as it sells assets globally to bolster its capital.