TPG related stories
All articles and analysis
Lone Star, TexPac bid for Bankgesellschaft BerlinTexan house Lone Star and the Texas Pacific-led BGB Capital Partners consortium will contest the auction to acquire debt-laden Bankgesellschaft Berlin.
- Lone Star walks away from Bankgesellschaft
Lone Star has withdrawn from the bidding for Bankgellschaft Berlin, leaving joint bidders TPG and Christopher Flower alone in the auction.
- Deal round up 06/11/02
3i chosen for KPN Telemedia deal; Barclays PE backs Direct Group MBO; Eutex completes E7.8m second round
- 3i fails to sign Jet Aviation deal
After three months of exclusive negotiations building up to the December 5 deadline, the UK private equity firm has not signed an agreement for the $500m purchase of the Swiss charter airline.
- Deal ‘imminent’ for KPN Telemedia
3i is close to completing the E500m acquisition of KPN’s Telemedia division in the latest instance of a directories business going to a private equity buyer.
- Industry Guidelines Group takes shape
Following the initial launch in February, a group of 18 private equity professionals have joined forces to establish guidelines for private equity reporting.
- Burger King goes for knockdown price
Texas Pacific, Goldman Sachs and Bain Capital have paid $1.5bn for the global fast food chain, a third less than the price agreed in July.
- MAC clause bites Burger King deal
The Material Adverse Change clause has obliged Diageo to re-open negotiations with the private equity syndicate over their $2.26bn purchase.
- Burger King deal gains EU approval
Amid question marks over financing for the $2.26bn transaction, the sale of Burger King has been approved by the European Commission.
- CalPERS assets fall to four-year low
The US pension fund has reported an eight per cent fall in its assets during the past year, caused in part by pressure on the value of its private equity interests.