Barclays sells benchmark indices, risk analytics biz to Bloomberg for $781m

Barclays sells benchmark indices, risk analytics biz to Bloomberg for $781m

A man rides a bicycle past a Barclays bank in London August 5, 2010. REUTERS/Suzanne Plunkett

Barclays Plc has sold its benchmark indices and risk analytics business, which includes the widely used Barclays U.S. Aggregate Bond Index, to financial information provider Bloomberg for about 520 million pounds ($781 million).

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