Dubai Mercantile Exchange sells 20% Stake to Goldman, Vitol

Dubai Mercantile Exchange, a venture with Nymex Holdings Inc., sold a 20 percent stake to financial firms including Goldman Sachs Group to attract more international investors to the bourse, according Bloomberg.
Morgan Stanley, Vitol Group and Royal Dutch Shell Plc also bought a share of the stake, Ahmad Sharaf, chairman of the exchange, said today in a conference call in Dubai. Read more