18.02.2013 - Singaporean fund swoops on Markit
Singaporean sovereign fund Temasek is in talks to buy a stake in Markit, the UK-based financial data firm. Singapore's main sovereign wealth fund is in talks to buy a stake in Markit Group, the fast-growing financial data provider that has become one of Britain's most successful private companies. I have learnt that Temasek Holdings, which manages hundreds of billions of dollars of Singaporean state funds, has been approached about taking a minority shareholding in Markit, which provides information across financial asset classes such as credit default swaps...............................................Full Article: Source
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