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StanChart acquires stake in Export Trading Group

17 January 2012

Standard Chartered Bank’s private equity division has acquired a minority stake in African soft commodity trader Export Trading Group.

Read more: Export Trading Group Standard Chartered soft commodities

Standard Chartered Bank’s Private Equity division has invested $74 million to acquire a minority stake in ETC Group Mauritius (ETG) in a deal that values the company at over $500 million.

ETG originates,...


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