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TPG sets IPO pricing terms: Reuters

TPG is seeking a $9 billion valuation for its U.S. IPO, reported Reuters.

TPG is seeking a $9 billion valuation for its U.S. IPO, reported Reuters. The newswire noted that the private equity firm is planning on selling about 28.3 million shares priced between $28 and $31 apiece. J.P. Morgan, Goldman Sachs, Morgan Stanley, TPG Capital BD LLC and BofA Securities are the lead underwriters. TPG expects to list on the NASDAQ under the ticker symbol “TPG.”

Source: Reuters