Barclays has reportedly re-entered negotiations with Brookfield Asset Management regarding a potential deal for its UK payments division. The discussions are said to involve a heavily structured agreement aimed at offloading a stake in this major segment of Barclays' British operations. The renewed talks come amid ongoing efforts by Barclays to streamline its business and focus on core operations. Details about the financial terms of the deal or the specific stake being considered have not been disclosed.
Barclays re-enters talks with Brookfield about deal for UK payments business, Sky News reports https://t.co/dAg6N8uVCC https://t.co/UMhy4meFKG
Barclays has re-entered talks about a heavily structured deal to offload a stake in a major division of its British operations to Brookfield, the asset management giant Read more🔗 https://t.co/ysVmSfA1BV
Barclays reportedly re-enters talks with Brookfield about deal for British payments business https://t.co/7ZnwFtR2h8