Thursday, July 19, 2007

TPG plans to buy into Russian grocer -paper

(Reuters) - MOSCOW, July 19 - Private equity fund TPG Capital is considering buying into Moscow's largest grocery chain Seventh Continent in a deal worth $1.1-$1.2 billion, Kommersant business daily reported on Thursday.



Both Seventh Continent and TPG declined to comment on the report. One source familiar with the matter said that there was no offer on the table.


Read more at Reuters.com Mergers News

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