July 2006 - FXall stake sold to TCV for $77.5 million

REVIEW OF THE YEAR

The deal ended months of speculation that the 17-bank-consortium-owned platform was looking for a buy as the minority stake sale saw all shareholders sell an equal small minority of shares to facilitate a 'meaningful' investment by TCV.

TCV provides growth capital to technology companies, providing funds to later-stage private and public companies.

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