Sale of Risk Analytics & Index Solutions Business

RNS Number : 0559I

Barclays PLC

24 August 2016

 

Continued momentum in Barclays Non-Core rundown: Sale of Risk Analytics and Index Solutions business to Bloomberg completes

Barclays PLC ("Barclays") has today completed the sale of Barclays Risk Analytics and Index Solutions Ltd. ("BRAIS") to Bloomberg L.P. ("Bloomberg") for approximately £615m⁽¹⁾. The pre-tax gain recognised on completion of the transaction is approximately £535m.

 (1) $810m at USD/GBP rate of 1.31

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For further information, please contact:

Investor Relations                                                            Media Relations               

Kathryn McLeland                                                            Tom Hoskin

[phone]                                                      [phone]

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website home.barclays

 

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