Streetbeat News

TPG

TPG Inc.

https://www.tpg.com

Industry

Asset Management

TPG Inc. operates as an alternative asset manager worldwide. It offers investment management services to unconsolidated funds, collateralized loan obligations, and other vehicles; monitoring services to portfolio companies; advisory services, debt and equity arrangements, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies. The company invests in private equity funds, real estate funds, fund of hedge funds, and credit funds. TPG Inc. was founded in 1992 and is headquartered in Fort Worth, Texas. TPG Inc. operates as a subsidiary of TPG GP A, LLC.

Open

65.26

Mkt cap

24B

Volume

2M

High

65.42

P/E Ratio

-195.97

52-wk high

70.67

Low

63.48

Div yield

0.03

52-wk low

33.69

Zayo Group and TPG are reportedly bidding for Crown Castle's fiber and wireless assets, which could be valued at nearly $10 billion.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 2:04 pm

TPG Inc. (NASDAQ:TPG) and GIC are acquiring Techem Group for $7.5 billion, with the transaction expected to close in the first half of 2025. TPG Rise Climate, a subsidiary of TPG, is leading the acquisition, marking its largest transaction to date. The deal aims to expand Techem's operations across Europe and beyond. TPG shares are trading lower following the announcement.

Portfolio Pulse from Lekha Gupta

October 01, 2024 | 4:40 pm

Creative Planning, a leading independent wealth management firm, has received a substantial minority investment from TPG Capital, a global alternative asset management firm. The investment aims to enhance Creative Planning's service offerings and growth trajectory. Terms of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:50 pm

DIRECTV is set to acquire EchoStar's video business, including DISH TV, in a $11.7 billion debt exchange deal. This move aims to create a stronger competitive force in the video industry, improve financial profiles, and enhance 5G network deployment. TPG will also acquire AT&T's 70% stake in DIRECTV.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 11:06 am

TPG is set to acquire the remaining 70% stake in DIRECTV from AT&T for $2.5 billion, aiming to enhance investments in next-gen streaming services. The transaction is expected to close in the second half of 2025, subject to regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 10:15 am

DirecTV and Dish Network are in advanced talks to merge, potentially forming the largest U.S. pay-TV provider. The merger aims to help both companies compete with streaming services and address Dish's debt. DirecTV, owned by AT&T and TPG, will control the new entity. Regulatory concerns remain.

Portfolio Pulse from Vandana Singh

September 27, 2024 | 12:20 pm

DirecTV is reportedly nearing a deal to acquire EchoStar's Dish and Sling businesses, a merger that has been in discussion for years. This potential acquisition could significantly impact the satellite TV market.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 9:14 am

TPG Angelo Gordon, Dream Unlimited, and Stadium Capital Partners have acquired a €695M Dutch residential portfolio, including nearly 3,000 units across 90 sites. The investor group will manage and operate these units, leveraging their local market expertise.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:50 am

Top Wall Street analysts have updated their price targets and ratings for several companies, including Oracle, Moderna, and Garmin. Notably, Guggenheim raised Oracle's price target, while Barclays significantly cut Garmin's target.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 3:54 pm

TPG (NASDAQ:TPG) has been analyzed by four analysts, showing a range of ratings from bullish to indifferent. The average 12-month price target is $52.75, up from $47.00. Analysts from Goldman Sachs, Wells Fargo, JP Morgan, and TD Cowen have adjusted their ratings and price targets, reflecting varied perspectives on TPG's market position. Despite positive revenue growth, TPG faces challenges with profitability, return on equity, and debt management.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 3:00 pm

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