TPG Capital
Angel Broking seeks PE capital
Indian stock broking and wealth management firm Angel Broking has reportedly approached private equity firms to raise $64 million through the sale of a minority stake.
Khazanah wins Parkway
Malaysian SWF Khazanah Nasional has reportedly won the battle with Fortis Healthcare for control of Singapore hospital asset Parkway Holdings, after the latter opted to sell its entire 25.37% stake to Khazanah, as the SWF launched a $2.56 billion general...
CHAMP seeks buyers for Healthcare Australia
In the latest Australian healthcare sector deal, local PE firm CHAMP Private Equity is reportedly looking to sell Healthcare Australia, the country’s largest nursing, homecare and medical specialist placement company, worth an estimated $265 million....
TPG encounters hurdle in Vishal acquisition
Months after news surfaced that TPG Capital was set to link with distressed Indian superstore chain owner Vishal Retail, domestic retail brand Future Group, headed by prominent entrepreneur Kishore Biyani, has reportedly made an offer for the brand which...
Carlyle, TPG pick up Healthscope for $1.73 billion
The Carlyle Group and TPG Capital have won out in a bidding contest for Australian private hospitals and pathology services operator Healthscope Ltd., with an A$1.99 billion ($1.73 billion) all-cash offer that has already been unanimously recommended...
Carlyle, TPG wrap up Healthscope for $1.73 billion
The Carlyle Group and TPG Capital have successfully concluded their bid for Australia's Healthscope with a A$1.99 billion ($1.73 billion) all-cash offer, well above previous expectations, in the biggest Australian private equity deal since 2007.
Final Healthscope bids confirmed by Carlyle, TPG as Blackstone withdraws
The Jul 16th deadline for bids on Australian private hospital and pathology operator Healthscope saw the Carlyle Group and TPG Capital confirm that they had submitted bids for the asset, despite the withdrawal of Blackstone Group from their consortium...
Allied Medical talks complicate Healthscope situation
The $1.6 billion takeover bid for Australian private hospital and pathology operator Healthscope by a consortium of the Blackstone Group, the Carlyle Group, and TPG Capital, with a rival bid from Kohlberg Kravis Roberts & Co., has been complicated by...
Shan's Pacific Alliance bidding for AIA?
Hong Kong-headquartered private equity firm Pacific Alliance Group (PAG) is leading one of four PRC-backed consortia that have approached AIG over the possible acquisition of its Asia division AIA, which is on the market again following Prudential's failed...
Reliance/GTL deal may involve Saudi Telecom, ADIA, PE players
The $11 billion merger of Reliance Infratel, the cellular transmission tower arm of India's Reliance Anil Dhirubhai Ambani Group, into Indian independent telecoms player GTL Infrastructure may include investment by Saudi Telecom Co., the Abu Dhabi Investment...
Financial investors in financial services
Financial services deals put Asia Pacific private equity on the map worldwide.
KKR nixes CVC partnership on Healthscope
Kohlberg Kravis Roberts & Co. has said that CVC Capital Partners will not be participating in a bid for Australia's Healthscope, estimated at potentially up to A$1.84 billion ($1.56 billion), with KKR continuing on the bid by itself.
TPG to invest Vishal Retail to slash debt, raise funds
TPG Capital is set to link with Indian superstore chain owner Vishal Retail in an anticipated move aiming to raise funds to slash Vishal’s accrued IND7.35-billion ($158.7 million) debt.
TPG/AA JAL deal still flying?
TPG Capital and American Airlines' plan for a $1.4 billion turnaround investment in Japan Airlines (JAL), seemingly stalled, has received fresh impetus with JAL making a formal application for anti-trust clearance to Japanese regulators, so as to proceed...
Khazanah Parkway bid "not compelling"
Singapore’s Parkway Holdings Ltd., Asia’s largest publicly listed hospital-management firm and former TPG Capital investee, has released its response to Khazanah Nasional Bhd.’s acquisition bid, saying that its financial advisor Morgan Stanley has found...
Reliance sells India towers
The Blackstone Group, the Carlyle Group and TPG Capital are all in talks with number two Indian cellular provider Reliance Communications, part of India’s Reliance Anil Dhirubhai Ambani Group, over the spinout of the company’s cellular transmission tower...
Shan joining Pacific Alliance as CEO
After earlier reports that he was going to form his own independent private equity firm, Weijian Shan, previously Managing Partner with TPG Capital in Hong Kong, is now going to join Pacific Alliance Group (PAG), the Hong Kong-headquartered private equity,...
Results, however volatile, in China
According to the recent AVCJ Private Equity and Venture Capital Report China 2010, around $12.9 billion was invested into the PRC over 2009, accounting for just under 30% of all private equity investment in Asia, China’s highest total ever by market share....
Carlyle Contract Aviation win
The Carlyle Group has consummated its extended pursuit of Contract Aviation Industries with an A$350 million ($291 million) buyout offer for the Australian aircraft and helicopter leasing company, which originally planned to launch an IPO in late March...
StanChart rules out KEB move
Standard Chartered has indicated that it will not be pursuing a bid for Korea Exchange Bank (KEB), further dampening expectations of a highly contested auction for Lone Star Funds' 51% stake in the asset.
Shan exits TPG for solo fund
Turnover at the top of TPG Capital in Hong Kong continues after the relocation of Dan Carroll, formerly Managing Partner with the firm in Hong Kong, to the West Coast.
Tenet backs out of Healthscope, citing disclosure
US hospitals group Tenet Healthcare Corp. has announced its withdrawal from bidding for Australian hospitals and pathology business Healthscope Ltd., leaving the two rival private equity consortia - Kohlberg Kravis Roberts & Co. and CVC Capital Partners...
Vishal Retail may turn to TPG, Indian investors for capital
Indian superstore chain owner Vishal Retail is considering linking with local and pan-regional investors, including private equity fund TPG Capital, within two to three months, to slash debt and raise capital following a fiscally-strained period.
Tenet could be out for Healthscope
US hospitals group Tenet Healthcare Corp. may withdraw from bidding for Australian hospitals and pathology business Healthscope Ltd., leaving competition for the A$1.84 billion ($1.56 billion) deal to the two rival private equity consortia of Kohlberg...