New private equity bidders have emerged for Barclay's sought-after iShares business, including BC Pa...
New private equity bidders have emerged for Barclay's sought-after iShares business, including BC Partners. Other media reports say Apax Partners and Hellman & Friedman, both private-equity players who had shown interest in the initial round of bidding, have also re-emerged. Last month the firm announced the sale of it San Francisco-based exchange traded fund business for £3bn ($4.4bn) to private-equity firm CVC Capital Partners. The deal included a sale provision that allows Barclays to shop around for a better offer for iShares from a third party for at least 45 days, though...
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