BC Partners ups price in Barclays deal

A gatecrasher to Barclays' £3bn (€3.37bn) deal to sell fund management business iShares could net the bank another £500m (€562.7m), it was reported today.

Buy-out fund BC Partners, which is best known in the UK for acquiring the Foxtons estate agency chain, is said to have lodged an estimated £3.5bn (€3.93bn) bid, trumping last month's agreed deal with rival CVC.