Reuters, 3 Jun 2009, Steve Slater and Saeed Azhar
LONDON/SINGAPORE, June 3 (Reuters) - Singapore state investor Temasek [TEM.UL] sold its stake in British bank Barclays Plc (BARC.L) several months ago at a big loss, people familiar with the matter said on Wednesday.
After spending over 1 billion pounds ($1.7 billion) on shares in Britain's second-biggest bank in the last two years, unlisted Temasek may have lost over 800 million pounds on the investment, according to calculations by Reuters.
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