Market Chatter: TPG in Talks to Acquire Canadian Apartment Properties' Manufactured Housing Unit-February 2024-www.financetom.com

Market Chatter: TPG in Talks to Acquire Canadian Apartment Properties' Manufactured Housing Unit

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Market Chatter: TPG in Talks to Acquire Canadian Apartment Properties' Manufactured Housing Unit

Mar 20, 2024 3:06 PM

05:30 PM EDT, 03/20/2024 (MT Newswires) -- TPG (TPG) is in exclusive talks to acquire the manufactured housing business of Canadian Apartment Properties for more than 700 million Canadian dollars ($519 million), Bloomberg reported Wednesday, citing a person familiar with the matter.

A TPG spokeswoman declined to comment, and a representative for Canadian Apartment Properties did not immediately respond to requests for comment, Bloomberg reported.

TPG and Canadian Apartment Properties didn't immediately respond to requests for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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