TPG related stories
All articles and analysis
TPG-consortium drops Alitalia bid(2)The TPG-led consortium has pulled out of the bidding for a minority stake in Alitalia as sources close to the deal blamed government regulation for making it impossible for the consortium to takeover the company.
- KKR, CD&R in $7.1bn food distributor deal(2)
Dutch retail giant Royal Ahold has agreed to sell its food distribution company, US Foodservice, to KKR and CD&R for $7.1 billion.
- KKR, TPG sweeten TXU deal(2)
As Texas legislators consider giving the state’s Public Utility Commission power to block the proposed $45 billion buyout of TXU, KKR and TPG have promised to terminate an existing labour subcontracting agreement at the utility company, which has in turn put the electrical workers union in their corner.
- Warburg portfolio company in talks with Silver Lake(2)
Warburg Pincus is the largest shareholder in US telecom products company Avaya, which is reportedly in take-private talks with Silver Lake Partners.
- BA approaches buyout firms for Iberia bid(2)
British Airways, Europe’s third largest airline, has confirmed that it has approached a number of private equity firms about a possible joint bid for Iberia, the Spanish airline in which it holds a 10 percent stake.
- Natural Gas to buy power businesses for $636m(2)
Energy-focused Natural Gas Partners is set to acquire the power production and development businesses of MDU Resources Group for $636 million.
- Qantas proposed buyout fails, for now(2)
The proposed $9 billion buyout of Qantas failed to attract, in time, enough shareholder support but Airline Partners Australia isn’t giving up yet. The consortium says making a renewed offer is a possibility.
- Cerberus-backed group increases Affiliated bid(2)
A Cerberus-backed bid for IT outsourcing firm Affiliated Computer Services has been raised nearly 5 percent – after its board’s rejected the investors’ request to enter into exclusive negotiations.
- Debenhams chief voices “whipping boy” fears(2)
Following another poor set of results and another share price fall, Debenhams chief executive Rob Templeman fears that his company is being made a scapegoat for private equity buyouts.
- Qantas buyout back on(2)
The potential A$11billion buyout of Qantas, Australia’s biggest airline, looked to be back on today, after the Macquarie-led consortium restructured its deal to require a lower level of shareholder acceptance. Opposition from leading shareholders had looked likely to scupper the bid.