TPG related stories
All articles and analysis
TXU sale could be blocked(2)The introduction of a new bill in Texas may heighten the state’s authority to block the KKR- and TPG-led $45bn bid for the Dallas utility company.
- Mezzanine Management makes third realisation of 2007(2)
Mezzanine Management, Europe’s oldest independent mezzanine investor, has sold XServ, a US provider of maintenance services to chemical and industrial facilities, to Texan trade buyer The Brock Group.
- Coles takes a stand against club deals(2)
Australian retailer Coles Group has again shunned its private equity suitors, reportedly insisting that it cut its bidding consortium from five firms to four. The move will fuel the ongoing debate about club deals.
- Report: Goldman increases fund target to $19 billion(2)
Goldman Sachs’ private equity arm has reportedly almost doubled the target for its latest fund to $19 billion, which would make it one of the world’s biggest buyout funds.
- KKR Euronext to invest in TXU(2)
The Euronext affiliate of KKR has committed to the largest ever proposed buyout both as a co-investor and limited partner, contributing $500 million to the deal.
- Bonderman says critics’ concerns exaggerated(2)
TPG’s co founder David Bonderman told rivals at a conference private equity was still small compared to the public markets and it could grow much bigger.
- TPG on short-list of five for Alitalia(2)
Texas Pacific Group is one of five groups selected by the Italian government to bid for struggling airline Alitalia. It now has until April to put together an offer.
- Environmentalists: backing TXU not a ‘PR stunt’(2)
The $45bn buyout proposed by KKR, TPG, and Goldman Sachs has been lauded by environmental and watchdog groups, which maintain the environmental policy improvements promised are not just a façade.
- Colony to acquire Station Casinos for $9bn(2)
The Los Angeles private equity real estate firm is leading a management buyout of the casino operator as it continues its activity in the gaming sector.
- Asian market maturing, KKR chief says(2)
Joseph Bae, head of KKR’s Asia investment team, said before a conference crowd he expects further growth in Asia’s private equity market, as larger transactions and international expansions become more commonplace.