TPG Not In Talks with Tompkins

LONDON (Reuters) – Private equity firm TPG Capital is not involved in discussions with London-listed engineering group Tomkins (TOMK.L) about a takeover, a person familiar with the matter said on Friday.

The company’s stock had risen 4.8 percent to 216 pence by 1330 GMT after the Financial Times’s Alphaville website said TPG had been looking at the company and that financing was available for a bid.

(Reporting by Victoria Howley, Editing by Douwe Miedema)