TPG to Cut Offer for Funeral Firm InvoCare to $1.2bn

TPG to Cut Offer for Funeral Firm InvoCare to $1.2bn

Private equity firm TPG Inc. has made a revised takeover proposal to Australian funeral home operator InvoCare Ltd. of around A$1.83 billion ($1.21 billion), down from about A$1.87 billion following exclusive due diligence, according to people familiar with the...