Private equity firm TPG valued at over $10 billion in strong market debut -Breaking
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© Reuters. A screen announces TPG’s listing at Nasdaq’s Market in Times Square in New York City. This was on January 13, 2022. REUTERS/Brendan McDermid(Reuters) – TPG shares rose almost 12% on Thursday’s stock market debut, valuing private equity firm to be worth more than $10 billion.
TPG raised about $1 billion by selling shares during its initial public offer at around the halfway point of the target price range, $28-31.
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