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...Meanwhile, listed groups including TPG, Brookfield and KKR have in recent years struck ambitious acquisitions....
...TPG, CAA and Artemis declined to comment on financial details....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...TPG, which went public in 2022, recently used its stock to help finance the $2.7bn purchase of credit manager Angelo Gordon....
...The Indian Navy took the survivors of the attack to Djibouti, where the injured were taken to hospital....
...Some good news A new light-activated antimicrobial that kills all bugs in minutes without generating resistance has been adopted by NHS hospitals for the first time in a bid to reduce surgical infections...
...In its latest legal salvo, BCC has homed in on a fee Greensill charged a company called Catfoss that was engaged in building projects for NHS hospitals in England....
...The deal with Artémis will provide a large windfall to TPG and the continuation fund. TPG is selling its controlling stake in full....
...TPG, CAA and Artémis declined to comment on financial details....
...At the time, the company was publicly traded after having been taken private by buyout firms TPG, Bain Capital and a division of Goldman Sachs, which together still owned 32 per cent of the stock....
...Two weeks after the headquarters announcement, he gave another $110mn to 40 organisations including universities, museums and hospitals, leaving local civic leaders to guess whether the gifts would be his...
...TPG Growth has named Aaron Matto as a partner in San Francisco. He joins from technology-focused private equity firm True Wind Capital....
...A $450mn funding deal led by TPG in 2017 was agreed to grow scripted programming and international operations, giving the group a valuation of $5.7bn....
...Private equity, on the other hand, has seemed largely immune (despite the expensive debt it heaps on businesses ranging from day care centres for children to hospitals and arcane industrial companies)....
...At last, the FCA has published its Final Notice on the collapse of NMC Health, more than three years after the FTSE 100 hospital operator fell into a big sinkhole of undisclosed debt....
...Days earlier, TPG struck a $2.7bn deal to buy privately held distressed debt giant Angelo Gordon, underscoring a wave of consolidation in private markets....
...News round-up ‘Rumours and misconceptions’ to blame for SVB failure, claims ex-CEO (FT) EU clears Microsoft-Activision deal despite UK’s decision to block acquisition (FT) TPG pushes into credit investing...
...“Over-diagnosed patients . . . can’t be helped because there’s nothing to fix, but they can be hurt in the process,” said H Gilbert Welch, a cancer epidemiologist at Brigham and Women’s Hospital in Boston...
...Big US investment groups such as Apollo, Blackstone, KKR or TPG might be interested. A distressed seller is always a lure....
...A nearby hospital experienced a 49 per cent increase in paediatric emergency room psychiatric consultations in 2022 compared with the previous year....
...The writer is chief executive of Hunter Lewis LLC and a co-founder and former chief executive of Cambridge Associates Since the financial crisis of 2007-08, buyouts have benefited from the gift of virtually...
...NMC, which owns and operates hospitals and clinics across the Middle East, went into administration in April 2020....
...Blackstone acquired hospital staffing supplier Team Health in 2016 and two years later, KKR bought physician services and emergency room operator Envision Healthcare for $9.9bn....
...Moreover, to settle the Massachusetts litigation, Goldman Sachs and Bain Capital paid $121mn, while KKR, Blackstone and TPG agreed to pay $325mn, all without admitting or denying guilt....
...They have more commonly raised cash by selling minority equity stakes to private investors or through an initial public offering, as TPG did at a valuation of $10bn this month....
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