02:26 PM EDT, 09/03/2024 (MT Newswires) -- TPG (TPG) sold its stake in Sixth Street back to the firm for over $1 billion last month, Semafor reported Tuesday, citing people with knowledge of the matter.

The deal values Sixth Street at about $10 billion, according to the report.

TPG and Sixth Street did not immediately respond to a request for comment from MT Newswires.

TPG shares were down more than 2% in recent trading.

(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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