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TPG Capital’s Greencross review takes shape, indicative bids next week

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
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/tpg-capital-s-greencross-review-takes-shape-indicative-bids-next-week-20211102-p5959s