Barclays confirms ‘expressions of interest’ in BGI
May 15th, 2009
Barclays PLC officials today confirmed they’ve received “a number of expressions of interest, including unsolicited interest” in BGI, its money management division.
Gemma Abbott, Barclays spokeswoman, declined to provide further details about the bids for BGI……
……“Barclays will update the market further upon the conclusion of the go-shop process,” according to the statement.
Separately, banking sources familiar with the possible sale said BlackRock, Bank of New York Mellon and Fidelity could be among those interested in acquiring BGI.
Full Story: http://www.pionline.com/article/20090515/DAILYREG/905159983
Related posts:
- Silver Price: Why Silver Confirms The Bullish Outlook For Precious Metals (SLV, PSLV, AGQ, ZSL, GLD)
- Brazil Rules Out Aggressive Interest Rate Cuts (EWZ, BZF)
- Barclays Expands Volatility Suite of iPath Exchange Traded Notes (XVZ)
- Barclays launches iPath Inverse S&P 500 VIX Short-Term Futures ETN (II) (IVOP)
- Two-Year Extension Of Fed’s Low Interest Rates Will Deliver Damaging Inflation


Most Comments