Siemens Energy will sell 90% of its wind business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG , it said on Wednesday, in a push to focus on what it sees as core markets.
Australia's competition watchdog on Thursday approved telco Vocus' A$5.25 billion ($3.34 billion) takeover of local rival TPG Telecom's enterprise, government and wholesale fixed business and fibre network assets.
TPG RE Finance is up 12.8% over the last year to trade at a 24% discount to book value. The preferreds offer a yield on cost of 8.6% and trade at a 27% discount, providing a strong margin of safety and a substantial spread over long-term rates. TRTX ended 2024 with $320.8 million in liquidity and maintains solid coverage of its total dividends.
TPG Inc. has evolved into a more diversified alternative asset manager with $246B AUM and the goal of doubling that to $500B. TPG has expanded in private credit and real assets and is seeing a rising stream of fee-based earnings. TPG offers a higher dividend yield and more favorable valuation multiples than peers like Ares and Blue Owl, making it an attractive option for income and long-term growth.
Shares of Australia's TPG Telecom surged to a more-than-four-month high on Friday after the telco logged a 3.4% rise in its underlying earnings to A$1.99 billion ($1.24 billion) for the year ended December 31.
TPG Inc. (NASDAQ:TPG ) Q4 2024 Earnings Conference Call February 11, 2025 11:00 AM ET Company Participants Gary Stein - Head of IR Jon Winkelried - CEO Jack Weingart - CFO Jim Coulter - Executive Chairman and Co-Founder Conference Call Participants Ken Worthington - JPMorgan Alex Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Glenn Schorr - Evercore Brian Bedell - Deutsche Bank Mike Brown - Wells Fargo Securities Arnaud Giblat - BNP Dan Fannon - Jefferies Operator Good morning, and welcome to the TPG's Fourth Quarter 2024 Earnings Conference Call. Currently, all callers have been placed in a listen-only mode and following management prepared remarks, the call will be open to your questions.
TPG Inc. (TPG) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.51 per share a year ago.
Buyout firm TPG's climate investment arm will acquire Altus Power for $2.2 billion in an all-cash transaction, the provider of solar power to commercial property owners and residential homes said on Thursday.
TPG Inc. (TPG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The package's announcement comes less than a week after Venu Sports — the joint sports streaming venture between Disney, Fox and Warner Bros. Discovery — announced it would not proceed.
Buyout firm TPG's climate investment arm is in talks to acquire Altus Power , a provider of solar power to commercial property owners and residential homes, people familiar with the matter told Reuters on Monday.
TPG is in advanced talks to buy CCI's fiber unit for nearly $8 billion.