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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek mulls stake in Markit

Posted on 03 May 2013

Singapore’s sovereign wealth fund Temasek is set to take a stake worth around $500m (£320m) in Markit, the UK financial data provider. The state-backed fund is now in advanced negotiations about acquiring the shareholding ahead of a US flotation of Markit, according to a Sky News report.
The percentage of Markit’s equity Temasek will acquire has not been disclosed. The deal is likely to value Markit at more than £3bn………………………………………..Full Article: Source


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