The story of Barclays Global Investors

Barclays' investment management business, which pioneered the iShares exchange-traded funds; bought by BlackRock in 2009.

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Barclays Global Investors. Barclays’ investment management business, which pioneered the iShares exchange-traded funds; bought by BlackRock in 2009.

2009

1 Dec 2009: BlackRock acquired Barclays Global Investors. $15.2B.

$8.53 billion in BlackRock shares at closing plus $6.65 billion in cash. BGI brought the iShares exchange-traded funds.

until 1 Dec 2009: Barclays Global Investors, part of Barclays.

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