Hellman & Friedman Group Set to Buy Barclays’ iShares, Dow Says

Hellman & Friedman Group Set to Buy Barclays’ iShares, Dow Says

Also see: The Lexington Comair Crash, parts 13 and 18 for Hellman & Friedman/CIA/organized crime/Hunt family connections

By Alistair Holloway
Bloomberg, March 22, 2009

The deal, if completed, would value the unit at about $5 billion, the report said.

Barclays’ spokeswoman Nicola Hankey declined to comment when contacted by Bloomberg News today.

Barclays said March 16 it was in talks to sell the exchange-traded funds unit to bolster capital without turning over a stake to the U.K. government. Rivals Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc boosted capital through a state asset-insurance plan that allowed increased state ownership of the companies.

http://www.bloomberg.com/apps/news?pid=20601102&sid=afYDFiZGeZd4&refer=uk

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