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Bidding for Nikko Cordial

Bidding for Nikko Cordial

Citigroup has just unveiled its plans to launch a takeover bid for Nikko Cordial. It says it's making a tender offer worth $10.75 billion. Peter Hoflich, Analyst at The Asian Banker, shares his views on the topic with CNBC's Christine Tan.

CNBC | March 6, 2007Watch more videos from CNBC

Tags:. .plans. .offer. .shares. .peter. .asian

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