TPG Working With JPMorgan, Goldman Sachs on IPO Plan
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Investment firm TPG is working with JPMorgan Chase & Co. and Goldman Sachs Group Inc. on plans for an initial public offering, according to people familiar with the matter.
TPG hasn’t made any final decisions on an IPO and its plans could still change, said the people, who asked not to be identified because the information was private. TPG could be valued at about $10 billion in a listing and had also been considering going public through a merger with a blank-check company, Bloomberg News has reported.