Asset manager TPG close to buying Germany's Techem for $7.8 bln, Financial Times reports-February 2024-www.financetom.com

Asset manager TPG close to buying Germany's Techem for $7.8 bln, Financial Times reports

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Asset manager TPG close to buying Germany's Techem for $7.8 bln, Financial Times reports

Oct 2, 2024 11:46 PM

Sept 30 (Reuters) - U.S.-based asset manager TPG

is close to finalizing a 7 billion euro ($7.80 billion) deal to

acquire German metering firm Techem, the Financial Times

reported on Monday, citing people familiar with the matter.

TPG may reach an agreement to acquire Techem from

Switzerland's Partners Group as soon as Monday, FT added.

($1 = 0.8977 euros)

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