Report: Barclays in Advanced Talks to Sell Stake in Payments Business

Barclays is reportedly in advanced talks to sell a stake in its payments business to Brookfield Asset Management.An announcement of a deal could come this week, though no final agreement has been reached and there could be a delay, Bloomberg reported Tuesday (April 15).A spokesperson for Barclays said in the report: “We are exploring a number of options for investment in our market-leading merchant acquiring business, including strategic partnerships. We will provide any further updates in due course.”The t ...