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

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

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

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)

Previous page： Australian Market Struggles With Closing Top Deals Next page： Brookfield Business Partners to Merge BBU and BBUC into Single Public Company

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Australian Market Struggles With Closing Top Deals

Sep 25, 2025

Australia’s inability to close top M&A deals is becoming a growing frustration. The collapse of Abu Dhabi National Oil Company’s (ADNOC) $18.7 billion takeover bid for Santos (OTCPK: SSLZY) (the nation’s biggest supplier of natural gas) earlier this month is just the latest example. Valuation disputes, regulatory hurdles, and unexpected revelations are making Australia one of the most challenging places...

Brookfield Business Partners to Merge BBU and BBUC into Single Public Company

Sep 25, 2025

07:06 AM EDT, 09/25/2025 (MT Newswires) -- Brookfield Business Partners (BBU-UN.TO, BBUC.TO) said Thursday it is simplifying its corporate structure by converting Brookfield Business Partners (BBU) and Brookfield Business Corporation ( BBUC ) into one publicly traded Canadian company. BBUC shares currently trade at a 25% premium to BBU limited partnership units and having one publicly traded corporation will benefit...

Qatar's wealth fund teams up with Blue Owl for $3 billion data centre push

Sep 25, 2025

DUBAI, Sept 25 (Reuters) - Qatar Investment Authority (QIA) and Blue Owl Capital have signed a $3 billion partnership aimed at launching a global digital infrastructure platform focused on data centres, they said in a joint statement. The Gulf country's $500 billion sovereign wealth fund has been ramping up investments in the booming AI sector, as demand for data storage...

Market Chatter: Boeing Delivers 777 Aircraft to Chinese Airline Suparna

Sep 25, 2025

07:07 AM EDT, 09/25/2025 (MT Newswires) -- Boeing ( BA ) has delivered a 777 freighter jet to China's Suparna Airlines, Reuters reported Thursday, citing a Boeing ( BA ) statement on its official WeChat account. The US planemaker has an order for another 777 freighter from the Chinese carrier, the news agency reported. The delivery marks the first new-build...