| From Telegraph: The Qatar Investment Authority and Adia, the government investment arm of Abu Dhabi, are leading talks alongside Kuwait's KIO, which would see the oil-rich states inject $3bn in return for a 12pc stake.
Barclays, the UK's second-biggest bank, will on Monday confirm it is close to the $13bn (£8.1bn) sale of its fund management arm to American financial group BlackRock – the biggest ever such deal and a move that will trigger a potential $585m windfall for employees.......Full Article: Source
|