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Barclay family’s Abu Dhabi backers plan Very sale
RedBird IMI, the joint venture that is part-funded by the sheikh and American private equity firm RedBird Capital, is now preparing to sell the Barclay family’s assets
The Barclay family’s Gulf-based backer Redbird IMI is reportedly planning a sale of Very Group as it seeks to unwind a £1.2bn refinancing of the family’s debts, according to the Times.
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