Barclays Shareholders Support $10.5 Billion Share Sale Mostly to Funds from Qatar and Abu Dhabi

Posted on 11/25/2008


Winning shareholder support, Barclays Plc aims to raise 7 billion GBP (US$ 10.5 billion) without surrendering control of its lending or dividends, Chairman Marcus Agius said. Barclays is the second biggest bank in the United Kingdom. More than 85% of Barclays’ shareholders voted in favor of four resolutions calling for the sale of stock mainly […]