iShares performance will have caught others’ eyes

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June 23, 2009 8:26am ETF BASIC NEWS

On Tuesday, reports broke that Barclays had entered into exclusive talks to sell most of its iShares business to private equity group CVC Partners–Barclays has since confirmed the news but we are still awaiting the final details. Initial reports indicate the total value of the iShares business at around £3.3 billion to £3.5 billion. Barclays will retain around a 20% stake in iShares through warrants and will be retaining the securities lending business that was previously bundled up with the group

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