SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »Barclays sells 7.4% stake in Absa for $687m
Bloomberg Barclays Plc has sold a 7.4% stake in former African unit Absa Group Ltd for 526 million pounds ($687 million), cutting its holding by half. The firm priced an accelerated placing of 63 million shares at 164 rand each ($10.88), according to a statement. That was a 7.3% discount to the Johannesburg-listed stock’s Wednesday close. Barclays gathered enough investor ...
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