Singapore Investor Buys 10% Markit Stake
UK-based data vendor Markit has sold a 10 percent stake in the company to Singapore-based private equity investment group Temasek, for a reported $500 million, to help drive the vendor's growth in the region. The remainder of Markit, which is privately held, is owned by employees, institutional funds and investment banks.
"Temasek is an expert investor in entrepreneurial growth companies with a track record in increasing shareholder value. The strength of their proposition and profile in Asia
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