Posted on: May 22, 2013 by Reuters News
Alinta Energy is planning a $1 billion-plus debt issue in the U.S. term loan B institutional market to refinance maturing debt, writes Reuters. Alinta is owned by TPG Capital.
Tags: TPG Capital
Posted on: May 9, 2013 by Reuters News
Drug researcher Quintiles Transnational Holdings raised a more-than planned $947 million in its IPO, the latest listing from a private equity-backed company, writes Reuters. Strong investor demand for the deal helped Quintiles, which is backed by Bain Capital and TPG Capital, price 20 percent more shares than expected at the top end of the range and pushed up pricing a day early, writes Reuters.
Tags: Bain Capital, TPG Capital
Posted on: April 29, 2013 by Reuters News
Japan’s Sumitomo Mitsui Banking Corp is in advanced talks to buy a $1.3 billion stake in BTPN, an Indonesian lender backed by TPG Capital, writes Reuters. In 2008, TPG Capital Management acquired a 71.6 percent stake in the Indonesian pensioners’ savings bank, named Bank Tabungan Pensiunan Nasional Tbk PT, for $195 million.
Tags: Sumitomo Mitsui Banking Corp, TPG Capital
Posted on: April 23, 2013 by Steve Bills
Corporations have led the way in addressing environmental, social and governance issues, but the private equity community is catching up, says Lauren Koopman, a director in the sustainable business solutions team at the global accounting firm PricewaterhouseCoopers.
Tags: GS Capital Partners, Kohlberg Kravis Roberts & Co., Lauren Koopman, PricewaterhouseCoopers, TPG Capital
Posted on: April 22, 2013 by Reuters News
TPG Capital is putting China’s UniTrust Finance & Leasing Corp up for sale, seeking $800 million, writes Reuters. Morgan Stanley and UBS are handling the deal.
Tags: Morgan Stanley, TPG Capital, UBS
Posted on: April 1, 2013 by Kirk Falconer
TriCan Tire Distributors Inc., the Canadian subsidiary of American Tire Distributors Inc. (ATD) has agreed to acquire Regional Tire Distributors Inc., a Burlington, Ontario-based company focused on tire supply solutions. The deal, which is expected to close at the end of April, 2013, has been valued at approximately US$62.5 million. Charlotte, North Carolina’s ATD is a portfolio investment of U.S. buyout firm TPG Capital, which bought the company in 2010 from Investcorp, Berkshire Partners and Greenbriar Equity Group.
Tags: American Tire Distributors Inc., Regional Tire Distributors Inc., TPG Capital, TriCan Tire Distributors Inc.
Posted on: March 14, 2013 by Reuters News
Private equity firm TPG Capital has purchased the highly sought after assets of Australian poultry firm Ingham Enterprises, Bob Ingham confirmed in a statement, writes Reuters. Ingham wouldn’t confirm the deal valued Australia’s largest poultry producer at around A$1 billion ($1.02 billion) and that TPG paid more than A$850 million, including a small cash earn-out, as reported by the Australian newspaper.
Tags: TPG Capital
Posted on: March 13, 2013 by asormani
This morning find out more about Carlyle’s new buyout fund investment criteria, TPG’s property fund launch and which retailers have the worst customer service.
Tags: Carlyle Group, TPG Capital
Posted on: March 4, 2013 by Reuters News
Best Buy Co has turned down a $1 billion minority investment proposal by founder Richard Schulze‘s three private equity partners, writes Reuters. Under the proposal, Leonard Green Partners, Cerberus Capital Management and TPG Capital would have each received a seat on the board of the world’s largest electronics retailer, writes Reuters.
Tags: Cerberus Capital Management, Leonard Green & Partners, TPG Capital
Posted on: February 21, 2013 by Reuters News
US private equity firm TPG Capital has raised $305 million by selling about half of its stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd, writes Reuters. TPG, which owned about 20 percent of Shriram Transport before the sale, sold the shares at 715 rupees each to a large number of overseas and domestic institutional investors, writes Reuters.
Tags: TPG Capital