Bloomberg.com
25 Jul 2008
July 25 (Bloomberg) -- Temasek Holdings Pte., Singapore's state-owned investment company that manages more than $100 billion, said a report on the sale of its stake in Merrill Lynch & Co. is ``mischievous speculation.''
Temasek sold half of its shares in Merrill, Mffais.com reported, quoting filings on July 22. The Long Beach, California- based company didn't immediately respond to a voice-mail message. There were no filings relating to Temasek's stake in Merrill in the past week, data compiled by Bloomberg showed.
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