India Digest: Temasek picks minority stake in UST; AGS promoters buy TPG, Actis share

India Digest: Temasek picks minority stake in UST; AGS promoters buy TPG, Actis share

REUTERS/Edgar Su

California-based IT services firm UST Global on Wednesday announced that it has entered into a definitive agreement to sell a minority stake to Singapore’s state investment firm Temasek while AGS Transact Technologies Ltd’s promoters have bought back 42 per cent stake held by private equity investors TPG Growth and Actis in the firm.

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