TPG to Acquire Waste Eliminator, Liberty Waste Solutions
Summary
TPG Inc. announced it will acquire Waste Eliminator and Liberty Waste Solutions from Allied Industrial Partners. This acquisition expands TPG's investment portfolio, following its recent agreement to acquire Learfield in April and the raising of over $10 billion in new capital during Q1. The move demonstrates TPG's ongoing strategy of deploying capital into new assets.
At the time of this announcement, TPG was trading at $45.50 on NASDAQ in the Finance sector, with a market capitalization of approximately $17.2B. The 52-week trading range was $36.95 to $70.38. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.