Apax Partners has agreed to sell its controlling ownership stake in money exchange Travelex to billionaire investor B.R. Shetty and private equity firm Centurion Investment for a reported $1.5 billion.
Linklaters is advising Shetty as well as the equity partners in Abu Dhabi-based Centurion, while Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett are taking the lead outside counsel roles for Apax.
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