TPG related stories
All articles and analysis
DE Shaw creates private equity fundUS hedge fund DE Shaw is reportedly seeking to launch a private equity fund, as the lines between the hedge fund and private equity markets become ever more blurred.
- KKR, CD&R in $7.1bn food distributor deal
Dutch retail giant Royal Ahold has agreed to sell its food distribution company, US Foodservice, to KKR and CD&R for $7.1 billion.
- TXU-deal banker arrested for insider trading(2)
A Credit Suisse investment banker was arrested for alleged insider trading in various mergers and acquisitions including the $45 billion TXU deal.
- BA approaches buyout firms for Iberia bid
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.
- Warburg portfolio company in talks with Silver Lake
Warburg Pincus is the largest shareholder in US telecom products company Avaya, which is reportedly in take-private talks with Silver Lake Partners.
- Cerberus-backed group increases Affiliated bid
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
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.
- Natural Gas to buy power businesses for $636m
Energy-focused Natural Gas Partners is set to acquire the power production and development businesses of MDU Resources Group for $636 million.
- KKR, TPG sweeten TXU deal
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.
- US union continues buyout campaign
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.