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DIFC $200m SmartStream deal

The Dubai International Financial Centre (DIFC) is close to acquiring the UK based trading technology firm SmartStream for just over $400m, reported the Daily Telegraph. The DIFC, which is being advised on the deal by the Deutsche Bank, is in advanced talks with the private equity firm TA Associates. Last year, the DIFC bought a minority stake of 3.5% in Euronext.