Dow Jones

NEW YORK - Citigroup Inc. was granted early termination of the waiting period for federal antitrust clearance of its proposed purchase of Associates First Capital Corp.

In a press release Friday, Citigroup said the transaction, valued last month at $31.1 billion, is expected to close around yearend, pending Associates shareholder approval and various regulatory approvals.

Associates First shareholders would own about 10% of Citigroup common shares.

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