(Bloomberg) -- Citigroup Inc. is in talks to buy its London skyscraper office for about 1.2 billion pounds ($1.55 billion), the Financial Times reported.
The bank hopes to agree on a deal to acquire the 25 Canada Square tower on Canary Wharf from private equity group AGC Equity Partners in the next few weeks, the newspaper reported, citing an unidentified a person familiar with the sale.
Read more: London's Citigroup Tower Said Readied for $1.6 Billion Sale
FT said Citigroup and AGC Equity Partners declined to comment.
To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net
To contact the editors responsible for this story: Shaji Mathew at shajimathew@bloomberg.net, Claudia Maedler
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