Barclays Close to Sa Deal

Daily MailApril 22, 2005

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Summary


SPECULATION has reached fever pitch in South Africa that Barclays is poised to clear the final hurdles for its Pounds 2.3bn bid for a majority stake in Absa, the nation's largest bank, after months of sensitive negotiations.

But London bankers say the excitement may be overdone and that Barclays still has significant wrinkles to iron out.

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Barclays Close to Sa Deal

The two banks will outline furthe...

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