Barclays Completes Acquisition of Best Egg
Barclays PLC has completed the acquisition of Best Egg, a U.S. personal loan platform, to expand its U.S. personal lending capabilities. The acquisition supports Barclays' growth strategy by adding a capital-light platform and enhancing its consumer finance offerings. The deal is expected to improve diversification and returns for the U.S. consumer bank.
Tickers: $BARC
Topics: acquisition Barclays Best Egg growth strategy U.S. personal lending