Mergers & Acquisitions
Trading, Broking & Stock Exchanges
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UAE Businessman Buys Forex Firm Travelex
Apax is to sell its majority stake in foreign exchange operator Travelex to Dr B.R. Shetty, the owner of UAE Exchange, and Abu Dhabi firm Centurion Investments, the private equity group said. Apax had previously been planning a London listing of Travelex in May or June this year. The price…
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