Barclays sells remaining stake in South Africa's Absa in placing

31st Aug 2022 16:43

(Sharecast News) - Barclays said on Wednesday that it is selling its remaining 7.4% interest in South African bank Absa in a placing.

The 63m Absa shares are being offered to institutional investors by way of an accelerated bookbuild placing, which is open with immediate effect, Barclays said.

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