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BLK Blackrock CDR

21.10
-0.19 (-0.89%)
Last Updated: 18:15:56
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blackrock CDR NEO:BLK NEO Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.19 -0.89% 21.10 21.06 21.10 21.16 21.01 21.10 1,613 18:15:56

Barclays Has Held Talks With BlackRock Over iShares, BGI

08/06/2009 7:41am

Dow Jones News


Blackrock CDR (NEO:BLK)
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U.K. Bank Barclays PLC (BCS) said Monday it has held talks with a number of parties, including BlackRock (BLK), about both iShares and Barclays Global Investors, or BGI.

MAIN FACTS:

-Barclays has received other proposals for iShares and the broader BGI business.

-Barclays has had discussions with a number of parties, including with BlackRock, about both iShares and BGI.

-The discussions are not yet concluded and there are a number of significant open issues which could affect the nature and terms of any transaction.

-There is no certainty that these discussions will result in Barclays concluding a different transaction than that announced on April 9 with CVC regarding iShares.

-Barclays will update the market further upon the conclusion of the"go-shop" process it agreed with CVC and in any event no later than June 19.

 
-By London Bureau, Dow Jones Newswires; +44 (0)20 7842 9296; ian.walker@dowjones.com 
 
 
 

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