LONDON (Reuters) - Britain's Barclays Plc said it is to sell all of its $6.1 billion stake in U.S. asset manager BlackRock Inc., which it has held for almost three years.
BARCLAYS (BARC.LO)said the shares would be sold by way of an offering and a related buyback by BlackRock of up to $1 billion of the stock. A prospectus was filed by BlackRock on Monday.
Barclays holds BlackRock common stock and convertible stock that represent 19.6 percent economic interest in the firm. The holding dates from the UK bank's sale of Barclays Global Investors to BlackRock in June 2009.
(Reporting by Steve Slater; Editing by Simon Meads)
Relacionados
- Rajoy destaca el apoyo de Merkel a las reformas acometidas por España
- Van Rompuy destaca el potencial de la UE como socio de la OTAN en seguridad
- Patronato de Turismo destaca la acogida de su producto residencial 'Living Costa del Sol' en Bulgaria
- El PSRM destaca la ausencia de paridad en la nueva ejecutiva del PP
- Bosch (ERC) destaca que la convocatoria antipeajes es vital para "compensar el expolio"
