Reported Earlier, TPG Has Entered Into A Definitive Agreement To Sell PS, An Operator Of Private Luxury Terminals Serving Commercial Flights, To Groupe ADP, An International Airport Operator; Terms Of The Transaction Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
TPG has agreed to sell PS, an operator of private luxury terminals, to Groupe ADP. The transaction is pending regulatory approvals, and terms were not disclosed.
August 22, 2024 | 5:22 pm
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TPG has entered into an agreement to sell PS to Groupe ADP. The sale is pending regulatory approvals, and the terms are undisclosed.
The sale of PS could positively impact TPG by potentially providing liquidity or capital for other investments. The lack of disclosed terms adds uncertainty, but the transaction's completion could be beneficial.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80