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Barclays agrees sale of BGI to BlackRock for £8.2bn Barclays agrees sale of BGI to BlackRock for £8.2bn



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Old 06-12-2009, 02:22 PM
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Post Barclays agrees sale of BGI to BlackRock for £8.2bn
US investment group BlackRock is to buy Barclays fund management division, Barclays Global Investors (BGI), for £8.2 billion.BGI is one of the biggest money managers operating in more than a dozen countries and manages more than $1 trillion for investors around the world. The unit owns the iShares division, which Barclays had agreed to sell [...]

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