Tax fight looms large in Energy Future restructuring - Reuters
As Energy Future Holdings prepares for what could be one of the largest-ever U.S. bankruptcies, some of its private equity lenders are pushing a breakup of the company that could reap them more than $1 billion in tax savings, two people close to the matter said this week, writes Reuters. Energy Future, formerly TXU Corp, was created in a 2007 leveraged buyout by a consortium including KKR, TPG Capital Management and Goldman Sachs' private equity arm.
12 March 2014•6 mins read
