Indian educational technology company Eruditus has raised $150 million in a new funding round led by private equity firm TPG , at a time when the funding environment for edtech companies has been subdued.
Bausch + Lomb Corporation (BLCO) shares popped Monday morning following reports Blackstone (BX) and TPG (TPG) are considering teaming up to buy the eyecare company.
Private equity firms TPG and Blackstone are joining forces in a bid to acquire eye care company Bausch + Lomb BLCO, the Financial Times reported.
Australia's TPG Telecom agreed to sell its fixed-fiber network to Vocus, generating funds for future shareholder returns and investment into its mobile operations.
TPG Telecom will sell some of its non-mobile fibre infrastructure and fixed business assets to Macquarie-backed Vocus Group for A$5.25 billion ($3.54 billion) including debt, the telco said on Monday.
Switzerland's Partners Group is selling German metering firm Techem (TECENC.UL) for 6.7 billion euros ($7.46 billion) to US asset manager TPG , Techem said on Tuesday, changing hands to its third private equity firm.
U.S.-based asset manager TPG is close to finalizing a 7 billion euro ($7.80 billion) deal to acquire German metering firm Techem, the Financial Times reported on Monday, citing people familiar with the matter.
AT&T Inc (NYSE:T, ETR:SOBA) is selling its remaining 70% stake in DirecTV (NASDAQ:DTV) to private equity firm TPG for approximately $7.6 billion, marking the end of AT&T's ties to the entertainment industry. According to reports, the transaction will be completed in stages, with AT&T receiving $1.7 billion in 2024 and $5.4 billion in 2025, and the remainder by 2029.
Move clears the way for DirecTV to pursue a merger with rival pay-TV company Dish
AT&T said on Monday it would sell its 70% stake in satellite TV service DirecTV to private equity firm TPG for $7.6 billion, exiting a business marked by declining distributions for the telecom operator.
Private equity companies are firing on all cylinders this year, with most of them beating the S&P 500 index. TPG (NASDAQ: TPG), which went public in 2022, has risen from a record low of $20.96 to $60.
Buyout firm TPG has emerged as the frontrunner to pick up a minority stake worth $2 billion in Creative Planning, in a deal that could value the wealth management firm at more than $15 billion, people familiar with the matter said on Saturday.