Six overseas funds seen eyeing stake in MCX-SX
Friday, August 28, 2009 : PermalinkPrivate equity funds General Atlantic and Fidelity, hedge fund TPG-Axon, CME, Abu Dhabi Investment Authority (ADIA) and a group company of Singapore’s sovereign wealth fund Temasek are said to be eyeing a 5% stake each in MCX Stock Exchange (MCX-SX), people familiar with the divestment process told ET.
Deutsche Bank, Nomura Financial Advisory and Antique Capital Markets are advising the stock bourse on the divestment. An MCX spokesperson declined comment on the development.
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