TPG related stories
All articles and analysis
CVC admits defeat on Sainsbury bid(2)The Sainsbury family seems to have triumphed in its bid to keep the UK retailer out of private equity hands, after the last remaining members of the buyout consortium admitted defeat in their battle to take the company private.
- US union continues buyout campaign(2)
America’s largest labour union has sent out email blasts and established blogs pertaining to private equity deals it finds troubling – the action follows last week’s issuance of a buyout report and launch of an associated website.
- TPG mulls sale to pensions(2)
US private equity firm TPG is exploring the possible sale of a minority stake in the firm to major state pension funds.
- A$11.1bn Qantas bid experiences turbulence(2)
Determined activist investors are holding to ransom the A$11.1billion ($9.2billion) bid byAirline Partners Australia the Macquarie-led consortium for Australian airline Qantas.
- TXU-deal banker arrested for insider trading(4)
A Credit Suisse investment banker was arrested for alleged insider trading in various mergers and acquisitions including the $45 billion TXU deal.
- Buyout firms circle A$1bn Australian lender(2)
KKR and GE Capital have reportedly teamed up to bid for RAMS, an Australian mortgage provider valued at about A$1 billion, as private equity firms and banks clamour for exposure to the booming Australian housing market.
- Ontario Teachers linked with biggest ever buyout(2)
Shares in BCE, a Canadian telecoms group, soared today following speculation that the Ontario Teachers’ Pension Plan is talking to potential private equity partners about a $45 billion buyout.
- TPG moves out of South Korea(2)
Buyout firm Texas Pacific Group has closed its South Korean office, soon after two rival firms ran into legal difficulties in the country amid a growing backlash against foreign investors.
- KKR spends another $660 million in Singapore(2)
The shareholders of Singaporean engineering company MMI have accepted a take-private bid from Kohlberg Kravis Roberts. The S$1.65 per share offer values the company at about $660 million.
- Sainsbury’s shares slide as consortium disintegrates(2)
Shares in Sainsbury’s, a UK retail chain at the centre of a controversial £10 billion private equity bid, slid this morning as two more of the buyout firms involved reportedly pulled out of the deal. The news followed continuing opposition from pension fund trustees and minority shareholders.