City Of London

Carlyle Takes Over Barclay Family’s Online Retailer Very

The Very Group Ltd. app.  

Photographer: Chris Ratcliffe/Bloomberg

Carlyle Group Inc. has taken control of the Very Group, the latest asset to be stripped from the Barclay family’s once-sprawling business empire.

The transaction has been completed and the US investment firm, which had previously lent money to the business, is now the owner, according to a statement by Very Group on Monday.