AT&T Inc. announced on Monday that it will sell its remaining stake in digital satellite service provider DirecTV to private equity firm TPG Inc. for $7.6 billion. AT&T currently holds a 70% stake in DirecTV."This sale allows AT&T to continue to focus on being the leading wireless 5G and fiber connectivity...
TPG Inc. will be buying Forcepoint's cybersecurity business unit, called Forcepoint Global Governments and Critical Infrastructure, in an agreement valued at $2.45 billion, The Wall Street Journal reported citing sources with knowledge of the matter.
According to the sources, the companies are...
TPG Capital has hired Goldman Sachs inc. and JPMorgan Chase and Co. to underwrite its initial public offering (IPO), the Wall Street Journal reported citing people familiar with the matter.
The report also indicates that TPG has drafted the needed paperwork for the IPO and might be filing with...
AT&T Inc. and private equity firm TPG Capital revealed on Monday that they have finalized their previously announced transaction, enabling AT&T's subsidiary DirecTV to become a standalone video company.
"This new company will own and operate the DIRECTV, AT&T TV and U-verse video...
AT&T has reached an arrangement with TPG private equity firm under which the telecommunications holding would sell a substantial minority stake in its subsidiaries DirecTV, AT&T TV Now and U-Verse, CNBC reported on Tuesday citing sources familiar with the matter.
The deal will value AT&T...
The Federal Court of Australia gave a go-ahead to TPG Telecom Ltd. and Hutchison Communications, the parent company of Vodafone Australia to proceed with the merger.
The deal, reportedly worth $15 billion was previously shut down by the country's Competition Consumer Commission on the...
McAfee Llc is seeking market capitalization of over $5 billion, according to anonymous insiders who revealed to the Wall Street Journal that the antivirus maker based in California is looking to return to the stock exchange for the first time since it was taken private three years ago. The aim is to raise "at...
Australian mobile network operator TPG Telecom Ltd. will not be rolling out its $1 billion mobile network following a ban by the Australian government on the use of Huawei equipment, various Australian and international media reported on Tuesday.
The company said that, since a key reason for the...
Australian Competition and Consumer Commission (ACCC) expressed concerns the proposed merger between TPG Telecom Ltd. and Vodafone Hutchison Australia Pty Ltd. would "result in a substantial lessening of competition."
"Our preliminary view is that TPG is currently on track to become...
Amid a wide trend of concentration in the market, including healthcare, Humana Inc. and two other investors based in the United States received a green light for its cash offer of $9 per common shares in hospice and health center operator Kindred Healthcare Inc. The other two members of the...
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