HKBN's Owners Said to Revive Deal Options for Hong Kong Broadband Provider [BNN Bloomberg (Canada)]
TPG Inc. - Class A (TPG)
Company Research
Source: BNN Bloomberg
private or bringing in new investors, after previous attempts failed, people familiar with the situation said. Major shareholders including private equity firms MBK Partners and TPG Inc. have restarted a strategic review with the aim of reducing their holding in the company, the people said, asking not to be identified discussing confidential information. Other options include raising cash through some of HKBN's assets, they said. Infrastructure-focused funds and at least one Chinese telecommunications group have been sounded out about a possible deal, the people said. Deliberations are ongoing and may not result in a transaction, the people said. The company's shares jumped as much as 7.1% following Thursday's Bloomberg News report on the deliberations, the biggest gain since Nov. 3. MBK declined to comment. HKBN and TPG didn't have an immediate comment. Shares of HKBN, which listed in Hong Kong in 2015, had fallen 50% in the past 12 months prior to Bloomberg's report on Th
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TPG
News
- Will TPG Inc. (TPG) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]Yahoo! Finance
- KBRA Publishes and Affirms Ratings for TPG Operating Group II, L.P. [Yahoo! Finance]Yahoo! Finance
- KBRA Publishes and Affirms Ratings for TPG Operating Group II, L.P.Business Wire
- Partners Said to Mull Techem Options After TPG's €6 Billion Bid [BNN Bloomberg (Canada)]BNN Bloomberg
- Sayari Closes $235 Million Strategic Investment from TPG, Inclusive of Additional Capital for Organic Growth and M&ABusiness Wire
TPG
Earnings
- 2/13/24 - Beat
TPG
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- 4/24/24 - Form ARS
- TPG's page on the SEC website