TPG related stories
All articles and analysis
- Cerberus sought to bail Japan’s JVC
Kenwood, a Japanese maker of audio equipment may reportedly seek financial backing from Cerberus to bid for JVC, a Japanese consumer electronic brand that TPG had been keen to acquire. Talks between TPG and JVC parent Matsushita are believed to have collapsed.
- Tchenguiz doubles Sainsbury’s stake
The property entrepreneur has doubled his stake in the grocer to 11 percent, prompting questions whether a takeover strategy may be in the works.
- H&Q Asia Pacific promotes two in Seoul(2)
Seol-based Jong Won Lee and Yuchul Rhim have become managing directors at the Silicon Valley-headquartered H&QAP.
- Industry group opposes Senate bill(2)
The Private Equity Council has voiced its opposition to a recent US Senate bill that would cause publicly traded partnerships to be taxed as corporations.
- Three Delta ups stake in Sainsbury’s to 25%(2)
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
- H&Q Asia Pacific promotes two in Seoul
Seol-based Jong Won Lee and Yuchul Rhim have become managing directors at the Silicon Valley-headquartered H&QAP.
- Three Delta ups stake in Sainsbury’s to 25%
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
- Industry group opposes Senate bill
The Private Equity Council has voiced its opposition to a recent US Senate bill that would cause publicly traded partnerships to be taxed as corporations.
- TPG, Affinity make $1.4bn offer for UTAC
TPG Capital and Affinity are proposing to delist a Singapore-listed semiconductor company for $1.4 billion. The offer follows a failed $1.6 billion buyout offer from Temasek Holdings for STATS ChipPac, another Singapore-listed chip company.
- TXU buyers offer $30m for pollution reduction(3)
KKR and TPG have reportedly offered to pay $30 million toward air quality improvement programmes in central Texas, in the group’s latest move to quell criticism of the $45 billion proposed buyout of Dallas, Texas-based utility company TXU.