TPG related stories
All articles and analysis
Apax to buy satellite comms provider for €60mFrance Telecom has followed up the sale of its PagesJaunes directory business today, with the disposal of its Mobile Satellite Communications arm to Apax Partners for €60m.
- KKR to buy PagesJaunes for €3.4bn
Kohlberg Kravis Roberts, a US buyout house, has beaten off competition from a number of other private equity firms, including Texas Pacific Group and Eurazeo, to acquire France Telecom’s 54% stake in French directories business PagesJaunes.
- Four mega-firms to form lobbying group
Carlyle, Blackstone, KKR and TPG are in preliminary talks on forming a trade group for buyout firms.
- All in the Federated family
As private equity interest in the retail sector heats up, firms are finding a surprising amount of CEO talent among the ranks of former Federated executives. By Paul Fruchbom.
- Blackstone and KKR target GUS units
Blackstone and KKR are understood to be pursuing an interest in two retail units owned by GUS, despite a recent announcement by the UK retail group to demerge the businesses.
- Mexican retail: selling potential
Two recent transactions involving Mexican consumer-based retail companies underscore the continued attractiveness – and exit potential – of this industry for private equity. By Judy Kuan
- GI Partners acquires Spirit Group portfolio
The US and UK-based investor has paid £571m for 290 managed pubs from Punch Taverns, its largest deal in Europe to date.
- Blackstone closes fund on $15.6bn
The new vehicle will be the world’s largest buyout fund, setting a new record as rival firms prepare close in on similar megafunds. Already, the new fund is 25 percent committed to deals.
- Black bemused with Goldman over TPG
Leon Black of Apollo Management has expressed his displeasure to Goldman Sachs over the investment bank’s role as an advisor in an expected Texas Pacific Euronext listing.
- Blackstone and KKR abandon Univision bid
The private equity consortium competing with Televisa to acquire the company has abandoned its effort, purportedly because of a dispute over how much to bid.