(Reuters) - The Wall Street Journal, citing people familiar with the matter, said Barclays was close to an agreement to sell what it described as a large stake to Temasek and another investor to help back its bid for ABN.
The newspaper said on its www.wsj.com website that while the size of Temasek's potential stake in Barclays was not clear, a Barclays stake of 5 percent to 10 percent would be worth about $4.8 billion to $9.6 billion, based on Barclays's market value.
Read more at Reuters.com Business News
The newspaper said on its www.wsj.com website that while the size of Temasek's potential stake in Barclays was not clear, a Barclays stake of 5 percent to 10 percent would be worth about $4.8 billion to $9.6 billion, based on Barclays's market value.
Read more at Reuters.com Business News
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