Barclays sells remaining stake in South Africa's Absa in placing
Barclays
258.05p
08:05 14/11/24
-0.31%
-0.80p
Barclays said on Wednesday that it is selling its remaining 7.4% interest in South African bank Absa in a placing.
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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.