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Old 04-10-2009, 01:07 PM
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Post Barclays finally agrees to sell off iShares division

Barclays, who has continually resisted calls for taxpayer cash injections, is going to keep hold of 20 percent of its stake in iShares, although a deal will be finalised within the next few weeks as selling off the asset management business in needed.It is being sold off to the private equity firm, CVC Capital Partners, [...]

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