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Citigroup Inc. intends to sell Nikko Citigroup Ltd. along with Nikko Cordial Securities Inc. and Nikko Asset Management Co., sources said Monday.

The struggling U.S. financial giant has proposed selling all three Nikko firms together or as a set of Nikko Cordial and Nikko Asset, said an official at one of Japan’s three largest banking groups, which are expected to participate in a second round of bidding Citigroup will conduct, possibly next Monday, to select a buyer for Nikko Cordial.

With the Nikko firms forming one of Japan’s top three securities groups, the sale of all three as a package, if realized, will change the landscape of the domestic brokerage industry, analysts said.

In January, Citigroup worked out a restructuring plan that designated Nikko Cordial and Nikko Asset as noncore operations while keeping Nikko Citigroup as a core unit in Japan.

But as Citigroup has been placed under the effective control of the U.S. government, it needs to step up restructuring efforts and thus intends to sell Nikko Citigroup along with Nikko Cordial and Nikko Asset, the sources said.

The sale of all three Nikko firms would fetch some ¥800 billion, said an official at a major Japanese commercial bank.

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