PE major TPG shutters SPAC after failing to find deal

PE major TPG shutters SPAC after failing to find deal

A blank-check company backed by private equity firm TPG Inc said on Friday it plans to wind down its operations and return money to investors after failing to find a suitable target to merge with during market volatility.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter