Citigroup reports 5.7 pct passive stake in Beazer Homes

venerdì 8 febbraio 2008 19:02

Feb 8 (Reuters) - Beazer Homes Usa Inc (BZH.N: Quotazione) shareholder Citigroup Inc (C.N: Quotazione) disclosed a 5.7 percent passive stake in the homebuilder, assuming conversion/exercise of certain securities held, according to a regulatory filing.

Citigroup said the stake gives it ownership and shared voting power over about 2.3 million shares. (Reporting by Sayantani Ghosh in Bangalore;)