Analyst Says Citi's Primerica May Have Starting Value Of $1.6 Billion (C) - Congoo

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Analyst Says Citi's Primerica May Have Starting Value of $1.6 Billion (C)

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Individual.com | November 06, 2009

11/6/2009 - On the news that Citigroup (NYSE:C) plans to sell its Primerica Financial Services life insurance unit in an IPO next year, a Fox-Pitt analyst said that the unit may have a starting value around $1.6 billion, according to a Bloomberg report. Primerica will receive no proceeds from the IP...

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