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General Atlantic Agrees to Buy Majority Stake in Argus Media

The £1 billion #commodity price reporting agency  #oil #mna

  • General Atlantic Agrees to Buy Majority Stake in Argus Media
  • Argus Media is a commodity price reporting agency.
  • Bloomberg LP, the parent of Bloomberg News, competes with Platts, Argus and other companies in providing energy-market news and information.
  • Argus Media Ltd. agreed to sell a majority stake to buyout firm General Atlantic, the commodity price news service said in a statement Monday.
  • “We’ve had a long courtship with GA, and long courtships make the best marriages,” Adrian Binks, chairman and former chief executive officer of Argus Media, said by phone. “

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@NChristie: “The £1 billion #commodity price reporting agency #oil #mna”


Argus Media Ltd. agreed to sell a majority stake to buyout firm General Atlantic, the commodity price news service said in a statement Monday.


General Atlantic Agrees to Buy Majority Stake in Argus Media

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