Temasek Holdings will pay about US$180 million (S$238 million) for a minority stake in Virtu Financial, the United States high-speed trading firm that had postponed an initial public offering, said a person familiar with the transaction.
The investment company will buy a portion of the equity investment held by Silver Lake Partners, Virtu said yesterday in a statement, which did not give a price. Temasek bought about a 10 per cent stake, another person with knowledge of the transaction said, asking not to be named as that information is private...............................................Full Article: Source
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