The dogs are barking out the front of Greencross as the company’s owner TPG Capital works through its options.
To recap, TPG hired Credit Suisse and Gilbert + Tobin to test private capital investors’ interest in buying a minority stake, pitching a deal that could see the private equity firm effectively underwrite a new ownership group involving one or more co-investors.
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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
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com