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Investor consortium mulls Barclays South Africa deal

A group of South African investors are considering making a deal for 10% of the shares in Barclays Africa Group, according to a Bloomberg source. Public Investment Corporation, which manages the South African’s Government’s Employee Pension Fund, is among the members of the consortium, which is planning to meet with Barclays Plc next week. Barclay’s Africa has a market value of R112 billion, according to data compiled by Bloomberg.

Read more at Bloomberg…

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