TPG related stories
All articles and analysis
Gibralt buys Canadian airlineCanadian Gibralt Capital has entered the popular aerospace sector with its acquisition of a majority stake in Toronto-based Skyservice Airlines.
- Asian fundraising set for record-breaking year(3)
Asia’s private equity report card for the first half of this year is out: fundraising has surpassed last year’s record levels but transaction value has fallen compared to the first six months of 2006.
- Buyout bosses escape unscathed
The third hearing of the UK Treasury Select Committee saw four more buyout chiefs attempt to justify the industry’s tax and legal treatment to a group of MPs. In a noticeably less hostile environment, the four men presented a largely united front.
- Macquarie consortium in $7.4bn US utility deal
Puget Sound Energy, Washington state’s largest utility company, will be taken private in a $7.4 billion transaction by a consortium including Macquarie, the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation.
- HD Supply sale price cut to $8.5bn(3)
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
- TPG trumps AirTran’s offer for US airline
US regional airline Midwest has turned down discount airline AirTran’s buyout offer in favour of a higher, $400m bid by TPG Capital and Northwest Airlines. A formal agreement is expected in days.
- UTAC deal will bring tears to bankers' eyes
Affinity Equity Partners and TPG Capital have won shareholder approval for the buyout of Singapore-listed United Testing and Assembly Centre with a covenant-lite loan likely to cause bankers pain.
- Asian fundraising set for record-breaking year(2)
Asia’s private equity report card for the first half of this year is out: fundraising has surpassed last year’s record levels but transaction value has fallen compared to the first six months of 2006.
- TPG wins Midwest with sweetened $450m bid
US regional airline Midwest has accepted a $450 million bid from TPG, the firm’s second offer following a bid from discount airline AirTran.
- HD Supply sale price cut to $8.5bn(2)
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.