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The Latest Breaking News from TPG

Eyeing Global Food Crisis, Beijing Revives Elements of Planned Economy

Beijing is promoting the development of supply and marketing cooperatives for agricultural products and state-run canteens as relations between China and Western democracies deteriorate.

The News Lens

North Korea Fires Missile Near Japan

North Korea continued missile launches for a second day, including a potential ICMB that prompted evacuations in Japan. The West condemned Pyongyang’s unprecedented display of military firepower.

The News Lens

After Deadly Crowd Surge, Seoul Residents Complain of Government Negligence

As South Koreans try to make sense of the Itaewon tragedy, many residents say officials should have either employed a much bigger police presence or more proactive crowd control measures to ensure orderly movement.

The News Lens

From analysis to the latest developments in health,
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Foreign suitors ponder K-Asset stake

Europe’s largest fund manager and two global buyout firms are among the shortlisted bidders for a stake in the asset management business of Kasikornbank Plc, according to people familiar with the matter.

Bangkok Post

Even Now, Standing Supreme, Xi Has Limits to His Power

The very loyalists that have facilitated Xi Jinping’s rise could yet provide a constraint to his ambition.

The News Lens

China Probes Its Neighbors’ Defenses as Regional Tensions Rise

Beijing has territorial claims against Japan, South Korea, and Taiwan and is using “salami-slicing” military and economic tactics in its efforts to assume control of the strategically important areas.

The News Lens

Ruling on Telstra-TPG deal due in December

The competition watchdog says it needs more time to assess Telstra and TPG's network sharing pact and will likely rule on it in early December.

AAP

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Taiwan Ex-military Chief Urges Combat Preparedness Amid Rising China Threats

Former top Taiwanese defense official Admiral Lee Hsi-ming says he is concerned that forces are not ready to fight off China, and that a new defense concept is needed.

The News Lens

TPG offers to pay $5m for overpromising NBN speeds after admitting breach of consumer law

Telco reaches agreement with ACCC to avoid contested hearing after 21,000 customers sold internet plans unable to hit top speeds

The Guardian - AU

Philippines: ‘Communist’ Book Bans Raise New Censorship Fears

Free speech advocates are concerned the new government of Ferdinand Marcos Jr. will continue cracking down on independent media in an attempt to whitewash the history of his father’s brutal dictatorship.

The News Lens

Private equity still investing billions in dirty energy despite pledge to clean up

Carlyle, Warburg Pincus and KKR are the worst offenders according to a new scorecard of private equity climate risks

The Guardian - US

ICC Pushes Probe on the Philippines’ Drug War

The Philippines’ decision not to rejoin the International Criminal Court sets a precedent for other countries to leave multilateral institutions whenever state leaders feel intimidated or uncomfortable.

The News Lens

Will Foxconn Pivot Away From China?

Aggressive local competition and rising geopolitical risk make the contract electronics manufacturing giant’s China dependency more precarious than ever.

The News Lens

China, India Vie for Influence in Sri Lanka Amid Economic Turmoil

Sri Lanka — with its strategic location at the crossroads of busy shipping routes — has become an arena of geopolitical rivalry and maritime competition between India and China.

The News Lens

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The News Lens

Japan Conservatives Eye Constitutional Revision After Election Win

Political forces supporting a constitutional revision have won two-thirds of seats in the upper house of the parliament.

The News Lens

UN Investigator Warns of Increased Violence in Myanmar

More than a quarter million children have been displaced by junta attacks, hundreds have been killed or maimed, and more than 1,400 arbitrarily detained, said the UN special rapporteur.

The New Daily

Mobile internet prices will rise if Telstra-TPG tie-up goes ahead, experts warn

Australians could be charged more for their mobile internet if a proposed partnership between Telstra and TPG is approved by the consumer watchdog.

Benzinga

TPG Capital Takes Healthcare Technology Convey Health Private In $1B Deal

TPG Capital, private equity, has agreed to acquire Convey Health Solutions Holdings Inc (NYSE:CNVY) for $10.50 per share in cash, representing an enterprise value of approximately $1.1 billion. The purchase price represents approximately 99% over Convey's 30-day volume-weighted average price per share as of June 17 and a premium of approximately 143% to…

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Benzinga

Why Convey Health Solutions Shares Are Skyrocketing Today

Convey Health Solutions Holdings Inc (NYSE: CNVY) shares are trading higher by 138.45% to $10.30 after the company announced it will be taken private by TPG.

The News Lens

“Haunted by Our Continuing Pain”: Martial Law Survivors React to Marcos Restoration

Survivors of martial law in the Philippines gathered in the wake of the restoration of the Marcos family to power. They fear a return of the worst abuses from the era.

Benzinga

Expert Ratings for TPG

Over the past 3 months, 10 analysts have published their opinion on TPG (NASDAQ:TPG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

The News Lens

Hun Sen’s Party Wins Cambodia’s Local Polls by Landslides, Early Results Show

The opposition alleged a number of polling stations restricted access to onlookers, closing the doors and windows of stations from scrutiny. A party described the election as the “worst in history.”

The New Daily

‘Excessively high’: NBN Co plan to hike internet prices stirs controversy

Australians would face higher internet bills over the next decade under plans to jack up broadband prices to recoup huge NBN cost blowouts.

Benzinga

Raymond James View Skewed Scenarios On Absent Supportive Bid For This Animal Health Stock

Raymond James downgraded the rating on Covetrus Inc (NASDAQ:CVET) from Outperform to Market Perform and removed the prior $22 price target after the company received a buyout at $21 per share. Though $21 may not ultimately prove to be the final resting place in terms of the offer price. Raymond James believes the proposed purchase…

Birmingham Post

Private equity firms reported to be bidding for holiday park operator Parkdean Resorts

PAI Partners and TPG are the latest investors linked to a sale process

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