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British lender Barclays Plc completes sale of seven per cent stake in Barclays Africa

(Photo: Courtesy)

British lender Barclays Plc has completed the sale of a seven per cent stake in Barclays Africa in what is expected to be the last of a series of share sales.

The London-based bank has sold the shares to undisclosed existing and new investors, bringing its stake in the Johannesburg securities exchange-listed lender to 14.8 per cent from an initial holding of 62.3 per cent.

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