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COPYRIGHT 2005 Ingram Investment Ltd.
M2 PRESSWIRE-22 February 2005-Hansel Capital: Tech News(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:22022005
Houston, TX - Hansel Capital Report - 4th Travelex, the world's biggest foreign-exchange provider, is up for auction and The Goldman Sachs Group (NYSE: GS) as well as privately held Apax Partners, have made the cut, a process which saw the elimination of competitors like First Data Corporation (NYSE: FDC), owner of rival Western Union, according to a report in the Sunday Times of London. It`s believed that Goldman Sachs and Apax are thought have made offers of approximately $1.9 billion. Lloyd Dorfman owns 63% and venture capital firm 3i Group (UK: III) owns a further 33%, the Times reported.
In tech news from last week, Shares of Sina Corporation (NASDAQ: SINA) closed...
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