TPG Capital to buy iNova for $2b-plus; PEP to co-invest - The Australian Financial Review
7/25/2022 12:00:00 AM2 years 9 months ago
by Anthony Macdonald, Sarah Thompson, Kanika Sood
by Anthony Macdonald, Sarah Thompson, Kanika Sood
TPG Capital is set to buy a controlling stake in iNova, while PEP will own a minority position.
Bids went to owner The Carlyle Group and Pacific Equity Partners on Friday. Sources said the talks with TPG were advanced on Tuesday, with the parties agreeing final terms. iNova owns a portfolio of… [+1551 chars]
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