Siemens Energy sells most of Indian wind business to TPG-led investor group
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.
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Australia backs Vocus' $3.3 billion takeover of TPG Telecom's fibre, fixed assets
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.
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TPG Names Jennifer Chu as Chief Legal Officer and General Counsel
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced that Jennifer Chu has been named as a Partner, and Chief Legal Officer and General Counsel of TPG, effective March 31. Ms Chu will be succeeding Bradford Berenson, who will continue at TPG for a period of time as a Senior Advisor before retiring from the firm at year end. Ms. Chu joins from Debevoise & Plimpton LLP, where she served as Deputy Co-Cha.
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TPG RE Finance Trust: Buying 8.6% Yielding Preferreds As Rates Face Tariff Chaos
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.
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TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock.
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TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO.
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TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock.
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Broadvoice Partners with TPG to Bring AI-Powered Quality Assurance Capabilities to CCaaS Platform
LOS ANGELES--(BUSINESS WIRE)-- #AI--Broadvoice partners with TPG to bring AI-powered quality assurance capabilities to its CCaaS platform, GoContact.
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TPG: Now Diversified, With Upside
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.
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Australia's TPG Telecom hits four-month peak on upbeat earnings
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.
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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2024.
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TPG Inc. (TPG) Q4 2024 Earnings Call Transcript
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.
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TPG Inc. (TPG) Beats Q4 Earnings Estimates
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.
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TPG to acquire solar firm Altus Power for $2.2 billion
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.
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TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates.
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TPG Inc. (TPG) Earnings Expected to Grow: Should You Buy?
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.
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Cohere Capital Announces Close of Fund II and Strategic Partnership with TPG
BOSTON & SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--Cohere Capital Partners (“Cohere”), a Boston-based private equity firm focused on investing in leading tech-enabled lower middle market companies, announced today that it has closed Cohere Capital Fund II with more than $215 million in commitments. The firm has also received a strategic minority investment from TPG NEXT, TPG's strategy focused on seeding and scaling the next generation of investment firms. Through decades of lower mid.
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TPG Appoints Kathy Elsesser as New Independent Director
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Kathy Elsesser has joined its Board of Directors (the “Board”) as an independent director, effective immediately. “On behalf of the Board and leadership team, we are pleased to welcome Kathy to the TPG Board,” said Jim Coulter, Founding Partner and Executive Chairman of TPG. “Kathy brings a deep understanding of our industry from her years on Wall.
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TPG to Announce Fourth Quarter and Full Year 2024 Financial Results and Host Investor Call
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024 before the market opens on Tuesday, February 11, 2025 and host a conference call and live webcast at 11:00 a.m. ET. The conference call may be accessed by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international), using the conference ID TPG.
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DirecTV launches sports streaming bundle — here are the channels you can watch
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.
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Exclusive: TPG in talks to acquire solar firm Altus Power, sources say
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.
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TPG in Advanced Talks to Acquire Crown Castle's Fiber Unit
TPG is in advanced talks to buy CCI's fiber unit for nearly $8 billion.
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Singapore's GIC invests additional $150 mln in India's TPG-backed Asia Healthcare
Singapore's sovereign wealth fund GIC will invest an additional $150 million into India-based Asia Healthcare Holdings, the companies said on Wednesday.
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TPG's Coulter Reflects on the Life and Legacy of David Bonderman
Jim Coulter, TPG founding partner, director and executive chair, discusses the life and legacy of his business partner David Bonderman. He speaks with Jason Kelly on "Bloomberg The Close.
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David Bonderman, co-founder of TPG and Seattle Kraken co-owner, dies at 82
Private equity billionaire David Bonderman, who co-founded the asset management firm TPG and was the co-owner of the NHL's Seattle Kraken, died Wednesday at the age of 82.
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The Points Guy founder Brian Kelly unveils the winners of the 2024 TPG Awards
The Points Guy founder Brian Kelly joins 'Squawk Box' to unveil the winners of the 2024 TPG awards.
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Veeam, the World's #1 Leader in Data Resilience, Welcomes New Investors with a $15 Billion Valuation
SEATTLE--(BUSINESS WIRE)-- #DataProtection--Veeam expands investor base in a $2 billion secondary equity offering led by TPG with participation from Temasek, Neuberger Berman Capital Solutions.
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TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say
Buyout firm TPG is weighing a potential sale of Crunch Fitness that could value the gym chain at more than $1.5 billion, including debt, people familiar with the matter told Reuters on Tuesday.
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Australia's competition watchdog begins review of Vocus-TPG $3.4 bln deal
Australia's competition regulator said on Monday it is seeking views on the Macquarie-backed telecommunications group Vocus' A$5.25 billion ($3.39 billion) takeover of local telecom operator TPG Telecom's enterprise, government, and wholesale (EG&W) fixed business and fibre network assets.
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VCTR vs. TPG: Which Stock Is the Better Value Option?
Investors looking for stocks in the Financial - Investment Management sector might want to consider either Victory Capital Holdings (VCTR) or TPG Inc. (TPG). But which of these two stocks is more attractive to value investors?
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TPG RE Finance Trust: I Doubled My Position In The 8% Yielding Preferreds
TPG RE Finance Trust's preferreds are trading for 77 cents on the dollar and offer an 8% yield on cost. The mREIT grew its loan investment portfolio during its fiscal 2024 third quarter as originations ran ahead of repayments. Cash and near-term liquidity of $357 million provide depth for preferred dividend payments that are 750% covered by free cash flow.
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Capture Growth In Alternative Investments With TPG Stock
TPG's outstanding management and successful IPO have driven strong performance, outpacing the S&P500 and supporting further acquisitions with a robust balance sheet. The acquisition of Angelo Gordon has proven accretive, boosting TPG's assets under management to $239 billion. Despite risks from economic shocks and competition, TPG's growth in AUM positions it for continued outperformance and capital appreciation.
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TPG Inc. (TPG) Q3 2024 Earnings Call Transcript
TPG Inc. (NASDAQ:TPG ) Q3 2024 Results Conference Call November 4, 2024 11:00 AM ET Company Participants Gary Stein - Head, Investor Relations Jon Winkelried - Chief Executive Officer Jack Weingart - Chief Financial Officer Jim Coulter - Executive Chairman and Co-Founder Todd Sisitsky - President Conference Call Participants Alex Blostein - Goldman Sachs Glenn Schorr - Evercore Craig Siegenthaler - Bank of America Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Brennan Hawken - UBS Kyle Boyd - KBW Mike Brown - Wells Fargo Securities Operator Good morning, and welcome to the TPG's Third Quarter 2024 Earnings Conference Call. Currently, all callers have been placed on listen-only mode.
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TPG Inc. (TPG) Meets Q3 Earnings Estimates
TPG Inc. (TPG) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.56 per share a year ago.
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TPG Reports Third Quarter 2024 Results
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited third quarter 2024 results. TPG issued a full detailed presentation of its third quarter ended September 30, 2024 results, which can be viewed through the Investor Relations section of TPG's website at shareholders.tpg.com. “TPG's strong third quarter results highlight the broad-based momentum across our firm,” said Jon Winkelried, Chief Executiv.
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VCTR or TPG: Which Is the Better Value Stock Right Now?
Investors interested in Financial - Investment Management stocks are likely familiar with Victory Capital Holdings (VCTR) and TPG Inc. (TPG). But which of these two stocks is more attractive to value investors?
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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2024
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2024.
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TPG Inc. (TPG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
TPG Inc. (TPG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Can TPG Inc. (TPG) Keep the Earnings Surprise Streak Alive?
TPG Inc. (TPG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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TPG Names Recently Established Entertainment Company “Initial Group” and Acquires Grandview in Partnership with Untitled Entertainment
SAN FRANCISCO--(BUSINESS WIRE)--TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced that its previously established talent-centric entertainment company (the “Company”) will be named “Initial Group.” Concurrent with this announcement, leading Hollywood literary management firm Grandview (“Grandview”) has been acquired and will be combined under the banner of Untitled Entertainment (“Untitled”), the Company's first investment in June 2024. This transaction sign.
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India's Eruditus raises $150 mln in TPG-led funding round
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.
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TPG RE Finance Trust, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Dates
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Dates.
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Bausch + Lomb Stock Pops as TPG, Blackstone Consider Joint Bid
Bausch + Lomb Corporation (BLCO) shares popped Monday morning following reports Blackstone (BX) and TPG (TPG) are considering teaming up to buy the eyecare company.
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Bausch + Lomb Sale Process Gains Momentum As TPG And Blackstone Join Forces
Private equity firms TPG and Blackstone are joining forces in a bid to acquire eye care company Bausch + Lomb BLCO, the Financial Times reported.
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TPG Telecom Sells Fixed-Fiber Network to Vocus
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.
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Australia's TPG Telecom to sell fibre, fixed assets to Vocus for $3.54 billion
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.
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Australia's TPG Telecom Taps Mavenir to Boost Voice Security For Mobile Users and Block AI-Driven Scam Calls
Mavenir's CallShield technology has blocked almost 19 million fraudulent mobile calls from reaching TPG Telecom's customers in the first six months of 2024
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TPG to Announce Third Quarter 2024 Financial Results and Host Investor Call
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that it will release financial results for the third quarter of 2024 before the market opens on Monday, November 4, 2024 and host a conference call and live webcast at 11:00 a.m. ET. The conference call may be accessed by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international), using the conference ID TPGQ324. The number should be dialed.
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Exclusive: EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say
Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle , in a deal that could be valued at nearly $10 billion, according to people familiar with the matter.
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Surescripts Announces Strategic Partnership with TPG to Enhance Patient Care and Meet Evolving Healthcare Needs Nationwide
ARLINGTON, Va.--(BUSINESS WIRE)-- #HealthIT--Surescripts®, the nation's leading health information network, today announced that TPG, a global alternative asset management firm will join the Surescripts ownership group as a majority investor. TPG is investing in Surescripts through TPG Capital, the firm's U.S. and European private equity platform. TPG's investment will allow Surescripts to develop an array of solutions addressing healthcare's biggest challenges. This investment will accelerate Surescripts'.
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DirecTV CEO on Dish and Sling TV acquisition from EchoStar
Bill Morrow, DirecTV CEO, joins 'Squawk on the Street' to discuss why DirecTV completed its recent deal with EchoStar, why the antitrust view of this deal has changed, and much more.
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KBRA Assigns Rating to TPG Twin Brook Capital Income Fund's $400 Million Senior Unsecured Notes Due in 2028 and 2029
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB rating to TPG Twin Brook Capital Income Fund's ("TCAP" or "the company") (fka AG Twin Brook Capital Income Fund) $400 million senior unsecured notes due in 2028 and 2029. The notes comprise three tranches: a 4-year, $85 million fixed rate tranche due October 15, 2028, with coupon rate of 6.42%; a 5-year, $290 million fixed rate tranche due October 15, 2029, with coupon rate of 6.52%; and a 5-year, $25 million floating rate tranche due October 15, 20.
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TPG buys German energy firm Techem for $7.5 billion from Swiss Partners Group
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.
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Techem to Be Acquired for Total Consideration of €6.7 Billion With Investment From TPG and GIC
ESCHBORN, Germany & SAN FRANCISCO & SINGAPORE--(BUSINESS WIRE)--TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform, and GIC, a leading global investor, today signed an agreement to acquire Techem Group. The business will be acquired from its previous majority owner Partners Group, one of the largest firms in the private markets industry, acting on behalf of its clients, and co-investors CDPQ and Ontario Teachers' Pension Plan. Techem will be acq.
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What DirecTV, Dish Network merger means for current customers
DirecTV and Dish Network are merging in a $10 billion deal that would create the nation's largest pay-TV provider. Transcript: Conway Gittens: It was a skittish stock market Monday but for the Dow and the S&P 500, September marked the 10th monthly gain out of the last 11.
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Asset manager TPG close to buying Germany's Techem for $7.8 bln, Financial Times reports
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.
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EchoStar to sell Dish to DirecTV, combining major pay-TV providers
EchoStar is selling its Dish TV provider and digital business Sling to rival provider DirecTV in a deal announced Monday. DirecTV agreed to pay a nominal fee of $1 for Dish, while assuming the company's net debt.
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DirecTV-Dish merger: How it will impact customers
DirecTV is merging with Dish as it tries to stay competitive in a market that has been dominated by streaming services such as Netflix and Amazon Prime.
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AT&T exits entertainment with $7.6B DirecTV sale to TPG
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.
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Satellite service DirecTV buys rival Dish as it fights the onslaught of streaming services
DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.
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EchoStar CEO on DirecTV-Dish Network deal: It's the 'right time' to do this
EchoStar CEO Hamid Akhavan joins CNBC's 'Squawk on the Street' to discuss DirecTV's acquisition of Dish Network, how it will shift focus to its wireless business, and more.
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DirecTV to buy debt-laden rival Dish for $1 after decades-long pursuit
DirecTV agreed to buy satellite rival Dish network Monday, ending decades of on-and-off talks in a deal that will create one of the country's largest pay TV distributors with a combined 20 million subscribers.
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Creative Planning Announces Strategic Investment from TPG Capital
OVERLAND PARK, Kan. & SAN FRANCISCO--(BUSINESS WIRE)--Creative Planning (“the Company”), a leading independent wealth management firm, today announced that TPG (NASDAQ: TPG), a leading global alternative asset management firm, has made a substantial minority investment in the Company. TPG is investing in the business through TPG Capital, its U.S. and European private equity platform. Terms of the transaction were not disclosed. TPG Capital joins existing investor General Atlantic, who made a mi.
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AT&T to sell controlling stake in DirecTV to TPG for $7.6 billion in cash payments through 2029
Move clears the way for DirecTV to pursue a merger with rival pay-TV company Dish
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AT&T sells 70% stake in DirecTV to TPG for $7.6 bln
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.
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AT&T Sells Remaining Stake in DIRECTV to TPG
DALLAS , Sept. 30, 2024 /PRNewswire/ -- AT&T (NYSE:T) ("the Company") reached an agreement to sell its remaining stake in DIRECTV to TPG.
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TPG to Acquire AT&T's 70% Stake in DIRECTV
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced it has reached an agreement to acquire from AT&T the remaining 70% stake in DIRECTV that it does not already own. TPG will invest in DIRECTV through TPG Capital, the firm's U.S. and European private equity platform. Since 2021, DIRECTV has operated as a joint venture between AT&T and TPG consisting of DIRECTV, DIRECTV STREAM and U-verse video service.
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TPG stock analysis: Private equity giant with potential catalysts
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.
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Exclusive: TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say
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.
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Homrich Berg Announces New Minority Investment Partner TPG Growth
ATLANTA & SAN FRANCISCO--(BUSINESS WIRE)--Homrich Berg (“HB” or the “Firm”) proudly announces a new chapter in its 35-year history, with a strategic minority investment from TPG Growth, the middle market and growth equity platform of TPG (NASDAQ: TPG), a leading global alternative asset management firm. Terms of the transaction were not disclosed. This partnership marks a milestone for the Atlanta-based registered investment adviser (RIA) with $18 billion in assets under management and builds u.
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TPG to buy minority stake in wealth manager Homrich Berg at $1 billion valuation
TPG has agreed to buy a minority stake in Homrich Berg, in a deal that values the wealth management firm at around $1 billion, people familiar with the matter said on Thursday.
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TPG Announces Initial $1.25 Billion for Global South Initiative, Anchored by ALTÉRRA
SAN FRANCISCO--(BUSINESS WIRE)--Coinciding with the 79th session of the United Nations General Assembly and the start of New York Climate Week, TPG Rise Climate, the climate investing strategy of TPG's global impact investing platform, today announced it has secured $1.25 billion in initial capital commitments for its new Global South Initiative strategy (“GSI”). Launched in partnership with ALTÉRRA, the world's largest private investment vehicle for climate change action, GSI is designed to ac.
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TPG Angelo Gordon, Dream Unlimited Corp., and Stadium Capital Partners to Acquire Dutch Residential Real Estate Portfolio
NEW YORK--(BUSINESS WIRE)--An investor group led by TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG), along with its investment and operating partners—Dream Unlimited Corp. (TSX: DRM) (“Dream”) and Stadium Capital Partners—today announced it has entered into an agreement to acquire a Dutch residential portfolio from European Residential REIT (“ERES”) for approximately €695 million. The closing of the acquisition is subject to customary clo.
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A Dish-DirecTV deal may not improve satellite TV's fate much, but bonds still rally
Dish junk bonds and EchoStar's stock see gains, with Dish and DirecTV again said to be in talks about combining.
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TPG-backed Bicara Therapeutics shares surge 46% in stellar market debut
Shares of Bicara Therapeutics surged nearly 46% in their market debut on Friday, signaling strong investor interest for the TPG-backed cancer therapy developer.
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Douglas Dynamics Completes $64.2 Million Sale-Leaseback Transaction with TPG Angelo Gordon
Summary: Transaction Value: $64.2 million Locations: Illinois, Iowa, Maine, Michigan, and Wisconsin Lease Term: 15-year initial term with two 10-year options to renew Use of Proceeds: Debt reduction and other corporate purposes MILWAUKEE and NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), or the “Company”, North America's premier manufacturer and upfitter of commercial work truck attachments and equipment, today announced the successful completion of a sale-leaseback transaction with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG).
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Altimetrik Completes Deal to Sell Majority Stake to TPG
DETROIT--(BUSINESS WIRE)--Altimetrik, a pure-play digital business company, has closed a deal to sell a majority stake of the company to TPG, a leading global alternative asset firm. This investment, made through its TPG Capital Asia platform, is completed following the completion of customary closing conditions, including HSR filing. The definitive agreement, originally announced on June 27, marks a significant milestone for Altimetrik as it embarks on an ambitious growth trajectory. Altimetri.
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Goldman Sachs Has 5 Blue Chip Dividend Giants on Its List of Top Stock Picks
24/7 Wall St. Insights Goldman Sachs is one of the premier investment banks in the world.
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TPG-Backed PS to be Acquired by Groupe ADP
LOS ANGELES & SAN FRANCISCO & PARIS--(BUSINESS WIRE)--PS (formerly known as The Private Suite), an operator of private luxury terminals serving commercial flights, and TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced that TPG has entered into a definitive agreement to sell PS to Groupe ADP, an international airport operator. The transaction is subject to regulatory approvals and other customary closing conditions. Terms of the transaction were not disclosed.
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Newman Ferrara LLP Announces Corporate Governance Investigation of TPG Inc. – TPG
NEW YORK--(BUSINESS WIRE)---- $TPG #NYTop100--Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of TPG, Inc. (“TPG” or the “Company”) (NASDAQ:TPG) into potential breaches of fiduciary duty by the Company's Board of Directors (the “Board”). TPG, headquartered in Fort Worth, TX, is an alternative asset firm, which invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. Newman Ferrara's investigation focuse.
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TPG RE Finance Trust: The Preferreds Are A Buy As Rate Cuts Loom
TRTX's commons have rallied 26% in the last year due to its conservative posturing, a reduction in office loans, and an increase in liquidity. The mREIT's loan portfolio is heavily focused on multifamily properties. Looming Fed rate cuts will see net interest income come under pressure, heightening the need for TRTX to be more aggressive on new loan originations in 2025.
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TPG Inc. (TPG) Q2 2024 Earnings Call Transcript
TPG Inc. (NASDAQ:TPG ) Q2 2024 Earnings Call August 6, 2024 11:00 AM ET Company Participants Gary Stein - Head, Investor Relations Jon Winkelried - Chief Executive Officer Jack Weingart - Chief Financial Officer Jim Coulter - Executive Chairman and Co-Founder Todd Sisitsky - President Conference Call Participants Alex Blostein - Goldman Sachs Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Ken Worthington - JPMorgan Glenn Schorr - Evercore Adam Beatty - UBS Brian McKenna - Citizens JMP Dan Fannon - Jefferies Bill Katz - TD Cowen Brian Bedell - Deutsche Bank Operator Good morning and welcome to the TPG Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today's call is being recorded.
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TPG Inc. (TPG) Q2 Earnings and Revenues Top Estimates
TPG Inc. (TPG) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.26 per share a year ago.
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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2024
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended June 30, 2024. Regarding second quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: “Our investment portfolio delivered strong performance in the face of an uncertain macroeconomic and real estate investing environment. During the quarter, TRTX generated Distributable Earnings of $0.28 per share representing a dividend coverage rati.
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TPG Inc. (TPG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
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TPG RE Finance Trust: Winner In mREIT Rally And Wise Income Portfolio
TPG RE Finance Trust has shown price strength in July, up by 11%, benefiting from the trending small-cap rotation and value rotation in the market. Improved yield curve and potential rate cuts could be positive for mREITs like TRTX, driving up stock prices. TRTX is also expected to participate in the strong REIT rally as it is picking up momentum.
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TPG RE Finance Trust, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Dates
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the second quarter 2024 and file its Form 10-Q and earnings supplemental after the market close on Tuesday, July 30, 2024. CONFERENCE CALL AND WEBCAST INFORMATION The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 9:00 a.m. ET on Wednesday, July 31, 2024. To participate i.
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Strength Seen in TPG Inc. (TPG): Can Its 5.1% Jump Turn into More Strength?
TPG Inc. (TPG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
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Australia's competition regulator starts informal review of TPG Telecom-Optus deal
Australia's competition watchdog has started an informal review of the network sharing deal between TPG Telecom and Optus, owned by Singapore Telecommunications , the regulator said on Friday.
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Hayden AI Raises $90 Million in Series C Led by TPG's The Rise Fund
SAN FRANCISCO--(BUSINESS WIRE)--Hayden AI Technologies, Inc (“Hayden AI”), the leader in vision AI solutions for smart cities, today announced $90 million in new growth equity financing. The Series C round was led by The Rise Fund, the multi-sector strategy of TPG's global impact investing platform, and was supported by existing investors such as the Drawdown Fund and Autotech Ventures, among others. This investment will accelerate the company's research, development and growth. The funding com.
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TPG Makes Significant Strategic Investment in Altimetrik to Accelerate Growth and Innovation
DETROIT & SAN FRANCISCO--(BUSINESS WIRE)--Altimetrik, a pure-play digital business company, announced today that it has signed a definitive agreement for TPG, a leading global alternative asset firm, to make a majority investment in the company. The new partnership with TPG is a testament to Altimetrik's differentiated approach to digital business and track record of strong organic growth. TPG's investment, made through its TPG Asia private equity platform, will enhance Altimetrik's brand and s.
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Germany's Aareal to reap $2.1 bln gain in sale of Aareon to TPG consortium
German property lender Aareal Bank will book a gain of around 2 billion euros ($2.14 billion) after it sells its tech unit Aareon to private equity firm TPG and investor CDPQ, it said in announcing the deal on Monday.
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K2 Medical Research and TPG Establish Partnership to Build a Leading Integrated Site Platform
SAN FRANCISCO & ORLANDO, Fla.--(BUSINESS WIRE)--TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced a significant strategic growth investment in K2 Medical Research (“K2” or the “Company”), an integrated clinical trial site platform specializing in central nervous system (CNS) trials for leading pharma and biotech sponsors. TPG is partnering with K2's management team to continue building a world class research platform. Terms were not disclosed. Founded by Chi.
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TPG RE Finance Trust, Inc. to Participate in Nareit's REITweek: 2024 Investor Conference
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Bob Foley, Chief Financial Officer of TRTX, is scheduled to host investor meetings and deliver a moderated corporate presentation at Nareit's REITweek: 2024 Investor Conference on June 5, 2024. The Company's presentation will be available on the Investor Relations section of TRTX's website at http://investors.tpgrefinance.com/event. ABOUT TRTX TPG RE Finance Trust, Inc. is a commerc.
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