Private Equity Giants Battle Over Citi Lending Biz.

May 12 2011 | 1:54pm ET

Three private equity-led investor groups remain in the running to buy Citigroup's consumer-lending business.

The latest entrant into the sweepstakes for the former CitiFinancial is holding company Leucadia National Corp., which has joined forces with Centerbridge Capital Partners. The two New York-based firms, like their competitors, are currently doing their due diligence on the unit.


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