May 15 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its Barclays Global Investors asset management unit to potential buyers including BlackRock Inc. and Bank of New York Mellon Corp., according to people with knowledge of the matter. Barclays rose as much as 9.3 percent.
A sale of Barclays Global Investors, with 1.04 trillion pounds ($1.6 trillion) of funds under management, would derail an agreement announced last month to sell BGI’s iShares unit to CVC Capital Partners Ltd. for $4.4 billion, said the people, who declined to be identified because the talks are private.
No comments:
Post a Comment