Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Barclays Reportedly Asks iShares Suitors to Bid Again Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 30, 2009

Barclays Reportedly Asks iShares Suitors to Bid Again

by: Armie Margaret Lee

It appears that Barclays is not on the verge of wrapping up the auction for its iShares business. Bids for iShares came in below the $6.5 billion asking price, prompting Barclays to ask iShares' suitors to resubmit their bids, reports Toby Lewis and Marietta Cauchi of Dow Jones.

"It's alive, but they've asked everyone to rebid because prices were too low," a source close to one of the bidders told the pub.

Barclays is expected to issue a statement this afternoon with an update on the bid process, according to the report.

A source from another bidding party thinks it is unlikely that Barclays would seal a deal until later in the week.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use