Barclays says it now has a preferred bidder for iShares – CVC Capital Partners.
Barclays says it now has a preferred bidder for iShares – CVC Capital Partners.
If the negotiations reach a satisfactory conclusion, it would lead to a sale of Barclays’ iShares business without the attributable securities lending business.
Earlier speculation assumed the sale of both iShares and securities lending.
As announced on 16 March, Barclays has held discussions with a number of potentially interested parties.
A further announcement will be made in due course.
