LONDON: Barclays said yesterday it had held talks with US money manager BlackRock on the possible sale of the British bank’s asset management arm.
The Sunday Telegraph newspaper reported over the weekend that a sale of Barclays Global Investors (BGI) to BlackRock for US$13bil (9.3 billion euros) could be announced this week.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!