TPG, the US private equity group, this week is expected to choose banking advisers to assist in the A$2bn ($1.7bn) IPO of Myer, the Australian department store chain. TPG interviewed about 10 investment banks in Melbourne last week as part of a formal “beauty parade”, in the clearest sign so far that it is readying one of its best performing portfolio companies for a listing within weeks.

This entry was posted by Gwen Robinson on Monday, August 24th, 2009 at 4:47 and is filed under Capital markets, Private equity. Tagged with Myer, tpg. Edit this entry.