UK-based Barclays PLC and Barclays Africa
Posted by Daniel Makhura on 10 July 2017 2:35 PM SAST
Barclays PLC and Barclays Africa agree to separation terms
;)
Barclays Africa
- 7TH FLOOR, BARCLAYS TOWERS WEST, 15 TROYE STREET
- Johannesburg, Gauteng
- 2001
- SOUTH AFRICA
- (+27) 011 350 4000
PUBLIC PROFILE
Barclays Africa Group Limited today announced that following the completion of South Africa’s largest bookbuild in South African rand, Barclays PLC has sold 33.7% of Barclays Africa’s issued share capital at a price of R132 per share.
Posted by Daniel Makhura on 10 July 2017 2:15 PM SAST
This results in accounting deconsolidation of Barclays Africa from Barclays PLC.