Sunday, February 27, 2011

TPG eyes new firms after Mey İçki sale

"TPG eyes new firms after Mey İçki sale

Private equity fund TPG Capital, which last week sold Turkish spirits company Mey İçki to Diageo for $2.1 billion, is eyeing new opportunities with its coffers full, according to Milliyet newspaper. The sectors it focuses on are media, consumer retail, health care and energy. According to Milliyet, foreign investors think that many prohibitive articles of a new regulation on alcohol will be canceled by the courts"

More:TPG eyes new firms after Mey İçki sale - Hurriyet Daily News and Economic Review