Reuters - TPG Involved in 2 bids for SingTel's Australia Satellite Unit - Report

(Reuters) TPG Capital is involved in two separate bids for Singapore Telecommunications Ltd's Australian satellite unit, a business valued at more than $1.9 billion, according to a report by the Australian Financial Review. TPG has joined in a bid with Blackstone Group and another bid with Malaysian satellite operator MEASAT, AFR reported.

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