Barclays in private equity talks over iShares - UPDATE 3

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Barclays is in talks with a US private equity firm over the sale of its iShares exchange traded fund business, Professional Pensions has learned.

It is understood the sale of its ETF arm - which has around £300bn in assets under management - could raise between £3bn-£5bn (US$4.2bn-$7bn). A source familiar with the situation said the negoti...

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