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Barclays sale 'a historic moment' - Maria Ramos

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Barclays Africa CEO Maria Ramos at the media briefing on Thursday. (Pic: Lameez Omarjee, Fin24)
Barclays Africa CEO Maria Ramos at the media briefing on Thursday. (Pic: Lameez Omarjee, Fin24)

Johannesburg – The sale of Barclays' shareholding is 'a historic moment', said Barclays Africa Group Limited [JSE:BGA] chief executive Maria Ramos.

Ramos was speaking at the bank’s headquarters in Johannesburg on Thursday, where she relayed details of the latest developments of UK-based Barclays’ sale of its stakeholding.

Ramos said the sale is "significant and exciting" and the "biggest local bookbuild (the) market has ever seen", almost twice the previous record. The bookbuild, which was oversubscribed, was the second largest in the Eastern Europe, Middle East and Africa region since 2007, said Ramos.

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