03.05.2013 - Temasek mulls stake in Markit
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 Markitís 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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