BlackRock has agreed to buy Barclays Global Investors (BGI), including its exchange traded fund platform iShares, in a cash and shares deal worth $13.5bn (£8.15bn).
The deal will see Barclays take a 19.9% stake in the combined firm, which will be renamed BlackRock Global Investors. The combined firm will have assets under management in excess of $2.7trn and a combined...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected