
Barclays Struggles to Sell Stake in UK Payments Unit
Hey Payment Fanatic,
Barclays is hitting roadblocks in selling a stake in its UK merchant payments business, mainly due to disagreements over valuation, according to sources. Brookfield Asset Management recently withdrew from bidding, largely due to Barclays’ pricing.
Complicating matters is the takeover of Takepayments, a Barclays partner, which may