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Exclusive: Barclays explores sale of stake in $2.5 billion UK payments unit – sources

Barclays Plc is exploring the sale of a stake in the unit that processes payments for UK merchants as the British bank seeks a partner to help grow the business, four people familiar with the matter told Reuters. The bank is considering bringing in a partner with the strategic "know-how" to expand the business, as well as raising capital, but has yet to decide how big a stake it might sell, said the people. The business could be valued at at least 2 billion pounds ($2.5 billion), bas...
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Source: yahoo.com

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