US EditionPartners Group Clinches New Techem Deal After Regulatory Hurdle
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4 Articles
In May, Partners Group wants to sell the energy service provider Techem. However, the competition authorities prohibit this. Now, the financial investor Techem gives to its own fund. Only the minority owners of the company change.
Partners Group Clinches New Techem Deal After Regulatory Hurdle
(Bloomberg) — Partners Group is selling a large asset in its buyout portfolio to a consortium led by its own infrastructure division, after an initial transaction led by TPG Inc. hit regulatory hurdles, people with knowledge of the matter said.
Partners Group transfers Techem stake to its infrastructure fund
[FRANKFURT/MUNICH] German energy firm Techem will remain in the hands of investor Partners Group after its sale to US financial investor TPG fell through in May, the Swiss private equity firm said on Monday (Jul 14), confirming an earlier report.
Techem's planned sale is back on track: Partners Group sells the energy service provider to itself – and an investor consortium. These are the deal details.
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