Barclays Sells Risk Analytics & Index Solutions Business to Bloomberg
August 24 2016 - 10:45AM
Dow Jones News
LONDON--Barclays PLC (BARC.LN) said on Wednesday it has sold its
risk analytics and index solutions business to Bloomberg (BBG.XX)
for 615 million pounds ($803.9 million).
The bank said the pretax gain it is going to get from this
transaction is of GBP535 million.
Shares at 1405 GMT up 2.10 pence, or 1.3%, at 166.70 pence
valuing the company at GBP28.16 billion.
Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter
@OlgaCotaga
(END) Dow Jones Newswires
August 24, 2016 10:30 ET (14:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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