TPG exits Taishin Financial for $182m
TPG Capital sold its entire 7.8% stake in Taiwanese lender Taishin Financial for around $181.5 million after the Taiwan market closed on Wednesday.
Newbridge Asia IV, a fund controlled by the PE firm, sold 492.14 million shares at NT$11 apiece, at a 6.38% discount to the bank's closing price of NT$11.75 on Wednesday and at the bottom of the NT$11-NT$11.5...
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