East & Partners

Barclays Nears Deal to Sell Merchant Acquiring Unit to Brookfield

United Kingdom
Barclays
Merchant Acquiring

(10 March 2025 – United Kingdom) Barclays is finalising a £650 million deal to sell its merchant acquiring business to Brookfield Asset Management, with an initial 10 percent stake transfer followed by an 80 percent acquisition in three years.

The division has struggled to compete with fintech disruptors like Stripe and Adyen, however valuation of the unit has been a sticking point for Barclays. In December, the bank wrote down its valuation of the business by £300 million.

Sky News is reporting on the unusual deal structure, with Barclays injecting £400 million into the unit to support growth and providing £250 million in regulatory capital to secure approval.

 

Connect
with East

At East & Partners we work together as one firm to serve our clients wherever they need us.

Our collective knowledge and experience across global  markets helps us guide clients on the intricacies of each region while enabling cohesion across their global footprint. Apples with apples and pears with pears in complex and demanding financial services markets
globally.

Lookup(Required)
subscribe
This field is for validation purposes and should be left unchanged.