TPG related stories
All articles and analysis
TXU-deal banker arrested for insider trading(3)A Credit Suisse investment banker was arrested for alleged insider trading in various mergers and acquisitions including the $45 billion TXU deal.
- Rival consortium challenges KKR for Coles(2)
A consortium that includes Pacific Equity Partners, Permira and Wesfarmers, a Sydney-listed conglomerate, has bid A$19.7 billion for Coles Group, Australia’s second-biggest retailer – although KKR could yet return with another bid.
- Buyout boom drives $1.2 trillion quarter(2)
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
- Sale on at New Look(2)
Permira and Apax could be set for a substantial return if New Look, the UK clothing retailer, goes ahead with a £2 billion secondary buyout or flotation.
- Consortium given nearly six weeks to decide on £10bn Sainsbury bid(2)
The private equity consortium circling Sainsbury, a UK supermarket chain valued at about £10 billion, has been given until April 13 to decide whether or not to bid for the company
- TPG middle-market fund adds Oregon as LP(2)
Texas Pacific’s new STAR affiliate has secured a $75m commitment from long-time backer Oregon.
- Sainsbury shares rise as buyout consortium takes pole position(2)
UK retailer Marks & Spencer has ruled out an imminent bid for supermarket chain Sainsbury, removing a major obstacle to a potential offer from the CVC-led buyout consortium eyeing the company.
- TXU board approves $44bn buyout(2)
On Sunday night, the board of US energy giant TXU gave tentative approval to a record bid from KKR and Texas Pacific Group. The largest-ever LBO includes a key concession to environmentalists, according to reports.
- Blackstone: top of the world(2)
The Blackstone Group was the only real candidate for the inaugural Editors’ Awards in Private Equity International’s annual poll, despite fierce competition in the large buyout firm of the year category.
- Qatar to build Sainsbury’s stake(2)
Qatar’s state investment fund is looking to build its own strategic stake in Sainsbury’s, and is not in talks with Marks & Spencer for a joint bid, as was reported at the weekend.