Alternative asset management firm Brookfield has entered a partnership with Barclays Bank in the UK to carve out its payment acceptance business, including processing contracts, POS terminals and gateways, as well as services pertaining to foreign exchange, data and analytics. After three years, Brookfield could acquire a majority stake, taking its total equity to 80% of the business, which will have been spun off from the bank and operating independently. Barclays will invest more than $528 million (£400 million) over a three-year period. Within seven years of the spin-off, Brookfield ...