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HomeBusinessBarclays explores deal for Tesco banking business  | Reuters News Agency
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Barclays explores deal for Tesco banking business  | Reuters News Agency

News Times HD
By News Times HD


Business & FinanceDeals

17 November 2023, 2:37 pm 1 minute

Reuters was first to report that Barclays (BARC.L) has been exploring a potential acquisition of Tesco’s (TSCO.L) banking operations.  

Market Impact

For Barclays, such an acquisition would beef up its domestic retail bank at a time when the group is striving to revive its share price. Barclays shares are down about 10% since the start of the year. 

Article Tags

Topics of Interest: Business & FinanceDeals

Type: Reuters Best

Sectors: Business & FinanceMergers & Acquisition

Regions: Europe

Countries: London

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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