Barclays shares down 1.8 percent in London following $13.5 bln sale deal for investment unit

LONDON — Shares in Barclays PLC fell in London Friday following the announcement that it had sold its Global Investment unit to U.S. fund manager BlackRock Inc. for $13.5 billion.

Major Middle Eastern investor selling large part of its stake in Barclays

LONDON — A major Middle Eastern shareholder in Barclays bank said Tuesday it intends to sell part of its stake — at least 1.3 billion shares — potentially taking a big profit on its seven-month investment and sending Barclays shares down more than 13 percent.