TPG related stories
All articles and analysis
Apax and TPG make 4.5 times money on TIM Hellas(2)Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.
- TPG joins CVC-led group for Sainsbury’s bid(2)
The CVC-led consortium preparing a £9 billion bid for Sainsbury’s, a UK supermarket chain, has been further strengthened after Texas Pacific Group decided to abandon a rival bid and join the group.
- KKR, TPG pick up TXU for $45bn(2)
The largest-ever private equity deal follows closely the previous record-holder, this month’s $39bn Blackstone-backed buyout of Equity Office Properties. The new owners of TXU will offer electricity customers price cuts.
- CFO joins TPG- and Green-owned Petco(2)
TPG and Leonard Green have hired Circuit City’s CFO Michael Foss for a similar position at Petco, which the private equity firms jointly acquired for $1.8bn last July.
- Battle lines drawn for $15bn Dominion auction(2)
Private equity heavyweights are lining up to compete with trade players for the oilfield assets of Dominion, a US energy group, as the industry continues to target upstream energy assets.
- Industry comes together to launch charitable foundation(2)
The Private Equity Foundation, a new initiative designed to help the industry co-ordinate its charitable giving, launched in London last night.
- Washington pledges $500m toward KKR’s first Asia buyout fund(2)
Washington State Investment Board has given a preliminary pledge to commit $500 million toward Kohlberg Kravis Roberts & Co’s first Asia-dedicated buyout fund.
- Texas Pacific, Silver Lake get travel deal go-ahead(2)
The two private equity firms have received the anti-trust clearance to pursue their $5bn acquisition of Sabre Holdings, the owner of Travelocity.
- Vote now in our 2006 awards(2)
As the final week of voting for our Global Private Equity Awards 2006 begins, the competition is hotting up, with the industry preparing to reward the biggest winners of 2006.
- TPG to compete with ten other bidders for Alitalia(2)
Eleven different groups have expressed an interest in bidding for struggling airline Alitalia, according to the Italian government, including Texas Pacific Group and Terra Firma.