TPG, N.V. News on Daylife

Buzz over counter-bid for Lyondell

Wed, 25 Nov 2009 20:51:28 GMT

RNRL's submissions on the MoU Mumbai: China Petroleum and Chemical Corp, considered the biggest oil refiner in China, and US buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries that could challenge Reliance...
Source: Expressindia.com

TPG gets whacked by a $628 million tax bill

Wed, 25 Nov 2009 19:26:12 GMT

In October, private equity powerhouse, TPG, scored a big win as it took Myer (which is a retailer based in Australia) public. The gains came to a mouth-watering $1.46 billion.
Source: Blogging Stocks

What's News

Wed, 25 Nov 2009 18:27:22 GMT

The Japanese yen reached a 10-month high against the dollar in Europe trading, posing more challenges to Japan's export-dependent economy even as it posts improving trade figures.
Source: Wall Street Journal

WSJ Goes Easy on Private Equity in Oz

Wed, 25 Nov 2009 15:25:11 GMT

The tax office hasn’t alleged any criminal wrongdoing by TPG.
Source: Columbia Journalism Review

RLPC-Ratiopharm suitors to resubmit bids by Dec.3 -sources

Wed, 25 Nov 2009 13:32:15 GMT

* Second set of indicative bids due Dec. 3 * Bidders expect offers could now top 3 billion euros LONDON/FRANKFURT, Nov 25 (Reuters) - Bidders for German generic drugmaker Ratiopharm have been asked to confirm non-binding offers by Dec. 3, two...
Source: Reuters

Australia Serves TPG With $628 Million Tax Bill

Wed, 25 Nov 2009 11:34:12 GMT

TPG has been slapped with a $628 million tax bill by Australian authorities in a dispute over how to tax the U.S. private equity firm’s gains from the initial public offering of department store Myer.
Source: Dealbook

Strauss Group Reports Solid Nine Month Results

Wed, 25 Nov 2009 11:23:53 GMT

Nine Month Financial Highlights: - Organic growth, net of exchange rate impacts, totaled 4.2%.
Source: PR Newswire

Sinopec, TPG considered Lyondell bid

Wed, 25 Nov 2009 07:46:53 GMT

Singapore: China Petroleum & Chemical Corp. , the nation's biggest oil refiner, and U.S. buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries that could rival Reliance Industries offer of about $12 billion,...
Source: DNA India

Quoted in 'IMS Health, Inc shareholder files lawsuit'

Mon, 23 Nov 2009 18:22:38 GMT

said in PR-Inside.com:

the Company may not have adequately shopped itself around before entering into this transaction and, pursuant to this transaction, TPG Capital and the CPP Investment Board may be underpaying for IMS Health, thus unlawfully harming IMS (RX)shareholders.

Photo from Reuters Pictures

Tue, 25 Aug 2009 03:40:02 GMT

A worker smokes in front of a Myer store in central Sydney August 25, 2009.

Photo from Reuters Pictures

Tue, 25 Aug 2009 02:52:16 GMT

A customer smiles as she shops at a Myer store in central Sydney August 25, 2009.