BARCLAYS may have to give up more control to Middle East investors if the UK bank is forced to seek additional capital.
Abu Dhabi’s royal family and two Qatari investors purchased a 32 per cent stake in October, after London-based Barclays decided against accepting funds from the British government. The agreement stipulates that Barclays offer additional shares at a discount to the Middle East group before accepting any money from the UK. – Bloomberg
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