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FXall 'to sell' stake to private equity groups

FXall, the currency trading network, is reportedly looking to sell a minority stake to private equity firms, after its bank owners appointed Goldman Sachs to explore strategic options.

Goldman, one of FXall's 17 owners, has been hired to sell a minoity stake but some of the backers hope to sell the business in its entirety, Reuters reports, citing a source familiar with the matter.

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