Abu Dhabi quietly cashes out of Barclays - FT.com:
"The exit of Abu Dhabi investors from Barclays has happened with far less fanfare than their dramatic arrival almost five years ago.
Back in October 2008, as the financial markets were reeling from the high-profile government bailouts of Royal Bank of Scotland and Lloyds, Barclays’ sealed a deal with Middle Eastern investors that saved it from the same fate.
Sheikh Mansour Bin Zayed Al Nahyan, a member of Abu Dhabi’s ruling family, together with Qatari investors swept into the bank as part of a £7.3bn deal that gave the two Middle Eastern investors a 30 per cent stake."
'via Blog this'
No comments:
Post a Comment