TPG related stories
All articles and analysis
TPG may pull out of Iberia biddingUS buyout firm TPG may be set to withdraw its interest in Spanish airline Iberia, after British Airways reportedly urged the group to join forces with rival firm Apax Partners.
- Qantas bid permanently grounded
Macquarie and TPG’s Airline Partners Australia consortium has quashed hopes of an improved bid for the airline, after the company’s board said another offer would need to be higher.
- TPG and Warburg Pincus after New Look
US buyout firms TPG and Warburg Pincus have teamed up to bid for UK clothing firm New Look, which may lead to less competition for the store in the upcoming auction.
- CVC, KKR pull out of Coles takeover bid
Kohlberg Kravis Roberts & Co has decided to follow CVC Asia Pacific and quit the consortium bidding for Coles Group after two weeks of due diligence on the Australian retail giant. Coles shares have consequently fallen below the A$17.00 mark for the first time since April.
- Iberia says maňana to TPG-BA consortium
The consortium of US buyout firm TPG, British airline BA and three Spanish companies is still waiting for Iberia to open its books. Meanwhile disgruntled Iberia shareholders are considering making a counteroffer.
- British Airways backs TPG-led Iberia consortium
British Airways, Europe’s third biggest airline, has teamed up with a consortium of four private equity firms led by TPG about a potential bid for Spanish airline Iberia.
- Sun Capital buys Japanese snack maker(2)
Sun Capital’s recently established Japanese affiliate has completed its first deal with the acquisition of “Fruit Jelly” snack maker Tarami.
- ASE attracts new buyout suitors(2)
Taiwanese chip-testing company ASE, which yesterday forced The Carlyle Group to abandon a $6 billion buyout offer, is reportedly attracting the attention of four new suitors.
- Private equity backs its own in US election(2)
The US private equity community has contributed substantial sums to the ever-expanding war chests of the US presidential hopefuls. Republican candidate Mitt Romney, the co-founder of Bain Capital, has predictably been the most generously supported.
- DE Shaw creates private equity fund(2)
US hedge fund DE Shaw is reportedly seeking to launch a private equity fund, as the lines between the hedge fund and private equity markets become ever more blurred.