TPG related stories
All articles and analysis
New Look sale faltersApax Partners and Permira, the private equity owners of UK fashion chain New Look, have reportedly pushed back the deadline of the auction to sell the business after failing to attract suitable offers.
- Buyout firms circle New Look
Several buyout firms including The Blackstone Group and CVC Capital Partners are reportedly battling it out in a £2 billion auction of UK fashion retailer New Look. The deal could make up to £1.3 billion for New Look’s owners Apax Partners and Permira.
- Warburg portfolio company in talks with Silver Lake
Warburg Pincus is the largest shareholder in US telecom products company Avaya, which is reportedly in take-private talks with Silver Lake Partners.
- Cerberus joins BCE battle
Cerberus has joined the race to buy BCE, a $29 billion Canadian telecoms giant currently undergoing a strategic review, as the country’s biggest pension funds scramble for some involvement in the deal.
- TPG buys Indonesian bank for $200m
TPG has reportedly acquired Indonesian Bank Tabungan Pensiunan Nasional as the US buyout firm increases its investments in the country.
- TH Lee, FNF to pay $5.3bn for Ceridian
TH Lee and Fidelity have teamed up again to buy a business services provider, inking a $5.3 billion deal for Ceridian, a company in the trendy payment processing space.
- Oaktree to list on new Goldman exchange
US alternative asset manager Oaktree Capital is to list 13 percent of itself on a private market being developed by investment bank Goldman Sachs.
- Consortiums eyeing $24bn Alltel deal
US regional wireless carrier Alltel is reportedly in meetings with at least three groupings of major private equity firms: Blackstone and Providence, TPG and Goldman Sachs, and Carlyle and KKR.
- Rumours fly in TPG-BA bid for Iberia
Various groups are reported to be interested in bidding for Iberia, although a source close to the TPG-BA bid claimed the Iberia board’s delaying tactics are unlikely to lead to another offer.
- Scourge of APA’s Qantas bid quits UBS
Australian fund manager Paul Fiani, who was instrumental in the collapse of Airline Partners Australia’s bid for Qantas, has reportedly left UBS to set up on his own.