Warren Buffett's Berkshire Hathaway Inc. is part of a bidding group engaged in exclusive talks to buy the consumer-lending business formerly known as CitiFinancial from Citigroup Inc., people familiar with the matter told The Wall St Journal.
Berkshire rounds out a consortium that includes Centerbridge Partners LP and Leucadia National Corp. bidding for the business, which could fetch more than $8 billion, one of these people said. The consortium plans to write a large equity check and borrow significant sums to finance the purchase, this person…
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