COLOMBO, May 5 U.S. private equity firm TPG, one
of three bidders short-listed to buy a 49 percent stake in
state-owned SriLankan Airlines, has pulled out of talks about
the potential acquisition, the chairman of the national carrier
SYDNEY U.S. private equity group TPG Capital is weighing whether to make a takeover offer for Australia's Fairfax Media Ltd as the target proceeds with plans to spin off its real estate classified advertising arm, The Australian Financial Review reported on Wednesday.
A blank-check company backed by private equity firm TPG, Pace Holdings Corp , is buying resort owner Playa Hotels & Resorts BV, creating a publicly listed firm with an enterprise value of about $1.75 billion, the companies said.