29th Feb 2016 07:17
LONDON (Alliance News) - Barclays PLC on Monday said it is continuing to evaluate the "strategic options" for its shareholding in Barclays Africa Group Ltd.
The London-listed banking group said it will update the market on its plans for Barclays Africa Group on Tuesday, when Barclays is due to report annual results for 2015.
The bank's update comes after the Financial Times reported on Friday that Barclays has decided to exit its African operations.
Barclays has a 62.3% stake in Barclays Africa.
By Samuel Agini; [email protected]; @samuelagini
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