A trio of transatlantic firms have landed plum roles on the $13.5bn (£8.2bn) sale of Barclays' global investment arm to US money manager BlackRock. Blackrock is purchasing Barclays Global Investors - which includes asset management business iShares - for $6.6bn (£4bn) in cash and the remainder in stock.
June 12, 2009 at 07:14 AM
1 minute read
The original version of this story was published on Legalweek
A trio of transatlantic firms have landed plum roles on the $13.5bn (£8.2bn) sale of Barclays’ global investment arm to US money manager BlackRock.
Blackrock is purchasing Barclays Global Investors – which includes asset management business iShares – for $6.6bn (£4bn) in cash and the remainder in stock.
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