Barclays Acquires 3.62% Stake in Dalata Hotel Group
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TL;DR
Barclays PLC has acquired a 3.62% stake in Dalata Hotel Group, following its $800 million purchase of Best Egg Inc. to expand US consumer banking, with the deal set to close in Q2 2026.
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BarclaysDalata Hotel GroupBest Egg Incinvestmentbanking expansion
Barclays PLC has disclosed a 3.62% stake in Dalata Hotel Group. This move comes after the lender acquired US-based personal loan platform Best Egg Inc. for $800 million to expand and diversify its US consumer banking operations. Barclays will retain Best Egg's leadership team and operational model, with plans to close the transaction in Q2 2026 pending regulatory approvals.
