TITLE

Barclays and BlackRock in talks on iShares sale

AUTHOR(S)
Stodell, Hannah
PUB. DATE
June 2009
SOURCE
Money Marketing;6/11/2009, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the speculation concerning the plan of Barclays PLC to sell its iShares fund and investment company Barclays Global Investors to BlackRock Inc. in Great Britain. Barclays stresses that it still conducting negotiation with BlackRock and considering issues on the deal. However, the company confirmed that it has reached an agreement with CVC Capital Partners Ltd. to sell its iShares for £2.76 billion.
ACCESSION #
42539254

 

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