Deals
Temasek Agrees to Buy Stake in High-Speed Trader Virtu
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Temasek Holdings Pte will pay about $180 million for a minority stake in Virtu Financial Inc., the U.S. high-speed trading firm that postponed an initial public offering, according to a person familiar with the transaction.
Singapore’s state-owned investment company will purchase a portion of the equity investment held by Silver Lake Partners LP, Virtu said in a statement today. The statement didn’t give a price.