Citi to Sell OneMain to Springleaf for $4.25B
March 03, 2015 at 07:58 AM EST
Citigroup said it agreed to sell its consumer finance unit OneMain Financial Holdings to subprime lender Springleaf Holdings for $4.25 billion in cash, a sale the bank has sought to make since 2011, and a big step to focus on wealthier clients.
