Barclays and Brookfield agree to offload bank’s payment unit
Bank to inject $529M to turn the payments unit into a standalone company
Barclays Plc will work with Brookfield Corp. to offload some of its payments business, as part of the lender’s push to boost returns. Barclays agreed to inject £400 million ($529 million) as part of a deal to turn the payments unit into a standalone company, according to a statement Thursday. The investment firm’s Brookfield Asset […]
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