We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Barclays PLC | NYSE:BCS | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.23 | 2.21% | 10.62 | 10.69 | 10.61 | 10.64 | 4,641,279 | 15:17:38 |
By Ian Walker and Max Colchester
LONDON--Barclays PLC (BARC.LN) has raised 603 million pounds ($875.56 million) through the sale of part of its stake in Barclays Africa Group Ltd.
Late Wednesday the British bank said it would sell 103.6 million shares in Barclays Africa, or 12.2% of its issued share capital, via a bookbuild to an array of investors, dealing a blow to former Barclays Chief Executive Bob Diamond's plan to snap up the unit.
The shares were sold at 126 South African Rand ($4.5) a share.
In the statement Wednesday Barclays said that South Africa's state pension fund, The Public Investment Corporation SOC Ltd., has agreed to buy up to 1.2% of Barclays Africa's shares. The rest of the shares will be sold to investors pre-approved by the South African regulator.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749; and Colchester at max.colchester@wsj.com
(END) Dow Jones Newswires
May 05, 2016 02:37 ET (06:37 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Barclays Chart |
1 Month Barclays Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions