UK's Barclays to sell German consumer finance business

BAWAG AG

04/07/2024 07:35

July 4 (Reuters) - British bank Barclays  BARC.L  has
agreed to sell its German consumer finance business to BAWAG
Group AG  BAWG.VI  for a "small premium to net assets", payable
in cash, it said on Thursday.  

 (Reporting by Yadarisa Shabong in Bengaluru; Editing by Janane
Venkatraman
)
 ((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))