Sat, Dec 10, 2016
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Barclays close to sealing a deal with Qatar over big cash injection

Posted on 31 October 2008

From UK Press: Barclays is on the verge of securing a £6 billion capital injection from Middle Eastern investors in a move that will enable the bank to avoid using the Government for financial support.

Bosses are understood to be finalising deals with the Qatar Investment Authority (QIA) and an Abu Dhabi-based sovereign wealth fund. A formal announcement could be made later on Friday. If completed, the fund raising will help Barclays’ chief executive John Varley recapitalise the bank without Government help…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
December 2016
M T W T F S S
« Nov    
 1234
567891011
12131415161718
19202122232425
262728293031