REG - Barclays PLC - Sale of Risk Analytics & Index Solutions Business <Origin Href="QuoteRef">BARC.L</Origin>

BarclaysAnnouncement

24/08/2016 15:00

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
- Ends -
For further information, please contact:
InvestorRelationsMedia Relations
Kathryn McLeland Tom Hoskin
+44 (0) 20 7116 4943 +44 (0)20 7116 4755
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 websitehome.barclays

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