COMPANIES Barclays is in talks about selling asset management arm Barclays Global Investors for about $10bn, with potential bidders including US money manager BlackRock, according to people familiar with the matter.
Talks on the potential sale of BGI are the outcome of an initial auction for iShares, the fast-growing exchange-traded funds unit of BGI, which Barclays agreed to sell to CVC Capital Partners, the private equity group, for $4.2bn last month.
