The sale of iShares to CVC Capital Partners is looking less likely as Barclays seems to be leanin...
The sale of iShares to CVC Capital Partners is looking less likely as Barclays seems to be leaning towards a sale of BGI as a whole. It was reported in the Financial Times today that private-equity firm BC Partners has "downed tools" on its planned counter-bid for iShares after Barclays failed to confirm that it is still interested in a sale of just the iShares division of BGI. BlackRock is seen as the front-runner for BGI, with BNY Mellon and Vanguard also rumoured to be considering an approach. Meanwhile, CVC is "pressing on" with the work needed to separate iShares from...
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