DataRoom AM: TPG's power cut

TPG Capital is keen to offload its stake in Alinta Energy, while SAI Global works with its suitors before today's bid deadline.

Private equity firm TPG Capital is heading for the exit on its stake in Australian power group Alinta Energy, with a multi-billion dollar deal expected next year.

Elsewhere, takeover target SAI Global makes a last-ditch effort to ensure it receives a bid ahead of today’s deadline, AngloGold Ashanti ditches a planned split and Hancock Prospecting dismisses talk of a Roy Hill stake sale.

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