MutualFundWire.com: Barclays is Reportedly in Exclusive Talks with a Private Equity Firm to Sell iShares
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, March 31, 2009

Barclays is Reportedly in Exclusive Talks with a Private Equity Firm to Sell iShares


Barclays is in exclusive talks with private equity firm CVC Capital Partners to sell its iShares business, Dow Jones Newswires reports. The price being discussed is GBP 3 billion ($4.29 billion). The deal is expected to be completed by the end of the week and does not include the securities lending business.

Barclays would receive warrants equivalent to 20 percent in iShares, according to the report.


Printed from: MFWire.com/story.asp?s=21168

Copyright 2009, InvestmentWires, Inc.
All Rights Reserved
Back to Top