Warburg Pincus-Backed ARA Weighing $1 Billion Dual Listing

Warburg Pincus-Backed ARA Weighing $1 Billion Dual Listing

ARA Asset Management Ltd., a real estate investment firm backed by Warburg Pincus LLC, is weighing a dual listing plan that could raise at least $1 billion as soon as this year, according to people with knowledge of the matter. The firm, which also counts Hong Kong...
AT&T to sell minority stake in DirecTV to buyout firm TPG Capital

AT&T to sell minority stake in DirecTV to buyout firm TPG Capital

Wireless carrier AT&T Inc said on Thursday it will sell about a third of its stake in satellite TV unit DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion, well below the $68 billion it paid for the asset less than six years...