Travelex buys Brazil forex firm Grupo Confidence

Tarvelex did not dicslose how much it had paid for Grupo
profit of 6.3 mlilion.
Trvaelex said Brazi'ls retail foerign exchagne market was
helped by events such as hotsing the 2014 soccer World Cup.
Tarvelex is majority-owned by private equity company Apax.

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