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Atlas remains in Barclays hunt despite setback

As Carlyle withdraws from the consortium of investors considering the acquisition of a stake in Barclays Africa, sources tell Reuters that the private equity giant’s exit from the group would not lessen the consortium’s interest in pursuing a potential acquisition. The group of “committed long-term investors” includes Atlas Merchant Capital, the investment vehicle headed by Barclay’s former CEO, Bob Diamond.

Read more at Reuters…

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