Barclays confirms ‘expressions of interest’ in BGI

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May 15, 2009 5:12pm ETF BASIC NEWS

barclaysBarclays 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



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