Druid2
- 08 Nov 2006 08:42
- 5 of 8
Shares in Barclays rose 11p to 716.5p after the bank said it had agreed to buy INDEXCHANGE Investment from Germany 's Hypo Vereinsbank for approximately 240 million euro. INDEXCHANGE is Germany 's leading provider of exchange traded funds with assets under management of 15.2 billion euro as at 2 November. The unit will be combined with iShares, Barclays Global Investors' exchange traded funds business to create the leading provider in Europe.