General Atlantic to buy majority stake in Argus Media, valued at $1.45b

General Atlantic to buy majority stake in Argus Media, valued at $1.45b

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U.S. investment firm General Atlantic is to buy a majority stake in oil price reporting agency Argus Media in a deal valuing London-based Argus at nearly 1 billion pounds ($1.45 billion) and making dozens of employees potential millionaires.

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