PHILADELPHIA, Feb 23 (Reuters) - Kohlberg Kravis Roberts and Texas Pacific Group are expected to make a $32 billion offer to acquire TXU Corp. TXU.N, the largest power company in Texas, a source familiar with the situation said on Friday.
The deal would be the largest leveraged buyout in history.
KKR, Texas Pacific and TXU declined to comment.
The following list ranks the largest buyouts or bids by private equity firms and others, according to research firm Dealogic. The values of the deals exclude debt. TARGET BUYER DEAL VALUE 1. TXU Corp.* KKR, Texas Pacific $32.6 bln 2. RJR Nabisco Inc. KKR $25.1 bln 3. Equity Office Properties Blackstone $22.9 bln 3. HCA Inc. Buyout group $21.0 bln 4. Clear Channel Bain, THLee $18.6 bln 5. Freescale Semiconductor Buyout group $17.6 bln 6. Harrah's Entertainment Apollo, Texas Pacific $16.8 bln 7. Kinder Morgan Inc. Buyout group $14.6 bln 8. Univision Communications Buyout group $12.2 bln 9. SunGard Data Systems** Buyout group $11.3 bln 9. Albertsons Inc.** Buyout group $11.3 bln NOTE: *KKR and Texas Pacific Group may make an offer of roughly $70 per share for TXU, the source said. A deal has not been announced.
**SunGard Data Systems Inc. and Albertsons Inc. tied in value at $11.3 billion. SOURCE: Dealogic