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Dr. B. R. Shetty to acquire Travelex supported by associates of Centurion

23 May 2014

Dr. B. R. Shetty (“Dr Shetty”), a well-known entrepreneur and philanthropist, together with equity partners associated with Centurion Investments (“Centurion”), one of the leading investment firms in the UAE, are pleased to announce that they have entered into an agreement to acquire Travelex Holdings Limited (“Travelex” or the “Company”), the world’s leading foreign exchange specialist, from funds advised by Apax Partners, Lloyd Dorfman (Founder and Chairman of Travelex) and other shareholders.

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Tags: Ownership