Friday, 31 October 2008

Barclays gets $12 bln investors from Middle East

British second largest bank Barclays are close finalise the cash injection from Middle East investors..
£3.5bn from Sheikh Mansour Bin Zayed Al Nahyan for a 16.3% stake in the bank.
£2bn from Qatar Holding for 12.7% stake
and £300m from Challenger for 2.8% stake .

Barclays market capitalisation is £16bn and its looking for £6bn cash...

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