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TPG has Inghams in the crosshairs

Sarah Thompson | Anthony Macdonald
Updated

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Private equity firm TPG is in line to buy chicken producer Inghams Enterprises, after all-night discussions saw TPG move ahead of its rivals.

A deal is expected to be signed within 24 hours, with TPG favourite ahead of rival private equity firms Blackstone Group and Affinity Equity Partners.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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Original URL: https://www.afr.com/business/banking-and-finance/investment-banking/tpg-has-inghams-in-the-crosshairs-20130307-ilsej