Temasek Buys 9% Stake in Italian Investment Firm FSI

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Singapore state investor Temasek has acquired a 9% minority stake in the management company of Italian private-equity group FSI.

The companies announced the agreement on Monday.

FSI manages about €5 billion and focuses on investments in Italian mid-sized businesses.

The deal expands Temasek’s presence in Italy and strengthens its relationship with FSI.

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