Barclays and Brookfield Enter Into Strategic Partnership to Transform the Bank’s Payment Acceptance Business
April 17 2025
Barclays (LSE: BARC) and Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), through its Financial Infrastructure strategy, today announce a long-term strategic partnership (the “Partnership”) to grow and transform Barclays’ payment acceptance business (the “Business”), previously referred to as its merchant acquiring business. Barclays and Brookfield will work to create a standalone entity over time.