TPG related stories
All articles and analysis
Blackstone makes first investment in China(2)The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
- Citi-backed Spanish consortium unveils plans for Iberia
A consortium including Spanish billionaires and regional bank BBK has tabled a bid for national airline Iberia which could cause problems for the TPG-BA consortium’s rival bid.
- PE pros fill Forbes 400(3)
More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.
- TPG-BA consortium walks away from Iberia
US buyout firm TPG Capital has abandoned its second bid for a national carrier this year, as the consortium it formed alongside UK airline British Airways has walked away from its bid for Spanish rival Iberia.
- Lehman, TPG invest $363m in private jet firm(4)
Private aviation company XOJET has obtained $363 million in debt and equity financing from Lehman Brothers Global Principal Strategies and TPG’s venture arm.
- Blackstone fees boost bank profits
For the second year running Blackstone was the biggest single generator of financial sponsor-driven revenue for investment banks, paying $646 million in fees last year.
- Lehman, TPG invest $363m in private jet firm(3)
Private aviation company XOJET has obtained $363 million in debt and equity financing from Lehman Brothers Global Principal Strategies and TPG’s venture arm.
- Shareholders approve TXU(4)
After months of disputes surrounding TPG and KKR’s $45 billion buyout of TXU, shareholders have voted in favour of the deal.
- Ethos and Goldman place bets on South African gaming company(4)
Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
- Buyout firms balk at Emap pricing
Trade buyer H Bauer scooped the consumer magazine and radio business divisions of Emap at an 11.2 times profit multiple for £1.14 billion, leaving buyout firms empty-handed.