--Qatar Investment Authority is selling around 510 million pounds ($644.3 million) worth of shares in Barclays, the Financial Times reports.

--The sovereign wealth fund--which is the bank's largest shareholder according to FactSet data--is planning to reduce its shareholding in Barclays to 2.9%. It currently owns around 6.7% according to FactSet.

--Qatar Investment Authority couldn't be reached for comment. Barclays wasn't immediately available for comment when approached by Dow Jones Newswires.

 

Full story: https://tinyurl.com/byc7psxz

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

December 05, 2023 01:40 ET (06:40 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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