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Sovereign Wealth Funds Briefing - Categorized | Financials

Temasek not looking to offload Standard Chartered stake

Posted on 27 September 2012

Temasek is not actively seeking to exit Standard Chartered but the Singapore sovereign wealth fund has received proposals from buyers looking to purchase its stake in the British bank, says a source close to the fund.
The well-placed source said, contrary to media speculation, the group had never placed a strict ‘not for sale’ sign over its 18 percent stake in the emerging markets-focused bank………………………………………..Full Article: Source


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