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Tagged: bb, tpg, inthenews, bradford and bingley, b b, bradfordandbingley
Filed under: Private equity TPG is causing some consternation in the UK. You see, the private equity firm has agreed to invest £179 million in Bradford & Bingley (B&B), which is a beleaguered financial institution. Essentially, B&B investors are worried that TPG has structured an airtight deal to prevent other bidders from coming to the table. Another concern is an antidilution clause (which … Continue Reading »