Fri, Oct 24, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

BlackRock to buy Barclays fund division

Posted on 10 June 2009

From Hispanicbusiness.com: BlackRock may acquire Barclays Plc’s fund division in a cash and stock deal worth as much as $12 billion to $13 billion. BlackRock is also trying to raise $3 billion from sovereign wealth funds in Kuwait and Qatar.

Should BlackRock follow through and pay have the amount in stock and half in cash, it would give Barclays a 20% stake in the company……..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031