Barclays Amends Credit Card Venture With Swedbank
June 26 2015 - 12:38PM
Dow Jones News
LONDON-- U.K. bank Barclays PLC (BARC.LN) Friday announced an
amendment to its Scandinavian credit card joint venture with
Swedbank AB (SWDBY) whereby the service of a termination notice by
either member of the venture requires it to specify a price at
which it is willing to acquire the other's shares, subject to a
cap.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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