UPDATE 1-Citigroup sells stake in Turkey's Akbank for $1.2 bln
March 05, 2015 at 03:04 AM EST
ISTANBUL, March 5 (Reuters) - Citigroup has sold its nearly 10 percent stake in Turkey's Akbank for $1.2 billion, the U.S. lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits.
