2009-04-09 — bloomberg.com
Barclays Plc, the U.K.’s third- largest bank, agreed to sell its iShares unit to CVC Capital Partners Ltd. for $4.4 billion to boost capital.
London-based Barclays will retain a 20 percent stake in iSharees, the biggest manager of exchange-traded funds, and will finance $3.1 billion of the purchase price, the company said in a statement today.
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