Barclays To Raise $8.9 Billion With Help From Sovereign Wealth Funds
Jun 26th, 2008 | By Mike Caggeso | Category: Featured, Financial News, International InvestingStarving for capital and hell-bent on retaining its handsome dividend, Barclays PLC (ADR: pAs much as 1.58 million shares will be sold to existing investors China Investment Bank and Singapore’s stronga href="http://www.temasekholdings.com.sg/" onclick="s_objectID="Temasek Holdings Pte. Ltd/a/strongstrong., /strongas well as new investors Japan’s a href="http://finance.google.com/finance?cid=674312" onclick="s_objectID=" finance?cid="674312_1";return">Sumitomo Mitsui Banking Corp., Qatar Investment Authority and Challenger – a fund that represents “the beneficial interests” of Qatar’s royal family.