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Abu Dhabi bags big Barclays profitThe main Middle East investor who pumped billions of pounds into Barclays two years ago has locked in a profit of about GBP3 billion ($4.8 billion) on the investment after a complex deal that sent the bank's shares lower. The sale came as More… |
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Abu Dhabi buys new Barclays stake for $1.9bnAbu Dhabi has raised its stake in Barclays to 5.2 percent by paying 1.2 billion pounds ($1.9 billion) to exercise warrants it took as part of a controversial fundraising by the UK bank two years ago. Wednesday's purchase by the emirate More… |
