| From Xinhua: When the second biggest British bank Barclays announced last October it would sell up to 32 percent ownership to Middle Eastern investors for 7 billion pounds in cash, nobody expected a "win-win" outcome.
However, as Abu Dhabi's International Petroleum Investment Company (IPIC) sold part of its Barclays stake this week, the bank avoided being bailed out, and partly owned by the British government, while Abu Dhabi and other Barclays shareholders benefited from the recent rally in the stock market.......Full Article: Source
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