Barclays PLC, the U.K.’s fourth-biggest bank, said existing shareholders bought £753 million (about $1.5 billion), or 17 percent, of the shares on sale in its £4.5 billion stock offer.
Sumitomo Mitsui Financial Group Inc., Japan’s third-largest bank, bought £500 million in shares and the rest will go to investors, including Qatar Investment Authority, the London-based bank said in a statement Friday.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.