Pressure grows on Triton Partners to raise Clinigen offer

Pressure grows on Triton Partners to raise Clinigen offer

The private equity firm behind a £1.2bn bid for Clinigen is under pressure to raise its offer, with Elliott Management understood to be among several hedge funds believing that it undervalues the drugs provider. Triton Investment Management’s 883p-a-share cash offer...
TPG invests $360m in AI tech startup Fractal

TPG invests $360m in AI tech startup Fractal

Artificial intelligence technology startup Fractal said on Wednesday it has received a $360m investment from private equity firm TPG through its Asia focused investment platform. TPG’s involvement in Fractal includes a mix of primary investment and a secondary...