Showing posts with label tpg. capital group. Show all posts
Showing posts with label tpg. capital group. Show all posts

Thursday, 4 August 2011

CAPITAL MARKETS - TPG, Capital Group eye Turkish retailer A101-sources (Bank Asya)

ISTANBUL, Aug 3 (Reuters) - Private equity funds including TPG , the Capital Group, Permira and Mid Europa Partners are among potential buyers for Turkish hard-discount retail chain A101 and will place their bids next week, sources close to the deal told Reuters on Wednesday.
"We can talk about a sale price definitely higher than (discount retailer) Sok, which was sold for 600 million lira ($350 million). For A101 I expect the sale price to be from 800 million lira up to 1 billion lira," a source close to the deal said.(source)