COMPANIES Barclays is likely to face more tough questions from shareholders over its decision to sell iShares after the buyer said it would look to float the exchange-traded funds business as soon as stock markets recovered.
CVC Capital Partners, the private equity group that has agreed to buy iShares for $4.2bn (£2.9bn) said the highly profitable provider of exchange-traded funds, which allow investors to track share indices, would be a good candidate for a stock market initial public offering.
