real-time news and commentary for investors
Monday, Nov 26
2012, 3:11 AM
Qatar Holding plans to sell £771M of shares in Barclays (BCS) through the liquidation of...
Qatar Holding plans to sell £771M of shares in Barclays (BCS) through the liquidation of its remaining warrants in the British bank. However, the fund, which said it remains a "supportive strategic investor," will continue to be Barclays' biggest shareholder, with its 6.7% stake staying unchanged. Meanwhile, Barclays has reportedly come under pressure from some of its biggest shareholders to follow UBS's example and offload its investment bank.