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Barclays Plc will work with Brookfield Corp. to offload some of its payments business, as part of the lender’s push to boost ...
LONDON, April 17 (Reuters) - Barclays (BARC.L), opens new tab has agreed terms for Brookfield Asset Management to buy most of its British payments business, the bank said on Thursday, ending a ...
Barclays on April 17 agreed a deal with Brookfield Asset Management that could see the private-capital group buy most of the bank’s British payments business over several years. The two parties ...
However, valuation has been a sticking point for Barclays, with potential investors baulking about paying good money after bad. In December, the bank wrote down its valuation of the business by £ ...
The business will continue to use the “Barclaycard Payments” brand and will be the sole payment acceptance services provider to Barclays’ clients for a minimum of ten years. The bank said it ...
LONDON (Reuters) -Barclays (BARC.L) has agreed terms for Brookfield Asset Management to buy most of its British payments business, the bank said on Thursday, ending a more than year-long effort to ...