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The Latest Breaking News from TPG

TPG Tech Adjacencies II fund raises $3.4 billion

“For companies that don’t want to do an IPO, or can’t..we can do something,” says TPG’s David Trujillo.

Fortune

TPG Exclusive: TPG raises $3.4 billion to invest in tech companies that choose to stay private longer

The fund will provide structured minority investments to tech companies struggling with the scarcity of capital

Fortune

What is 5G home broadband, and how does it compare to the NBN?

The NBN is meant to be the future of Australian home internet – but 5G home broadband could be stealing some of the spotlight.

The New Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

TPG sees a challenging fundraising environment for PE

PE shop TPG expects to extend the fundraising period for several of its funds as it works to meet its targets.

Fortune

How private equity whiz Weijian Shan went from penniless in the Gobi desert to orchestrating a takeover of one of China’s biggest banks

Shan runs PAG, the largest private equity firm in Asia that currently manages $50 billion in assets. The Chinese-born dealmaker clinched one of the most unlikely and successful deals of the early 21st century.

Fortune

'Unlock rural phone towers so signal can be used regardless of telco'

Politicians are calling for all rural phone towers to be "unlocked", to let anyone use their signal regardless of what carrier they are with.

Newcastle Herald

Hong Kong Expecting Influx of Tourists From Mainland China

Hong Kong has canceled quarantine requirements for arrivals. The only measure remaining is the mask mandate.

The News Lens

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UN Council Adopts Resolution Urging End to Myanmar Violence

This is the first Security Council resolution on Myanmar since the country became a U.N. member in 1948.

The News Lens

‘Right decision, wrong reasons’: Why the Telstra-TPG deal needs work

The ACCC has quashed a partnership between two major telcos over fears for consumer competition – but regional communities need more work.

The New Daily

Telstra, TPG to appeal ACCC knock-back

TPG and Telstra will appeal after the Australian Competition and Consumer Commission declined to approve their proposed $1.8 billion network-sharing deal.

AAP

TPG reveals emails of 15,000 iiNet and Westnet customers exposed in hack

Telecommunications company says hacker searched for customers’ cryptocurrency and financial information

The Guardian - AU

ACCC decision looms for 'game changing' Telstra-TPG deal for bush mobile services

Norm Chapman used to get a phone signal working in some strange places in Australia, but now he can't even get two bars, despite living a few metres from a mobile phone tower. Now there are concerns it could get worse.

ABC News

Harris and Marcos Want More U.S. Troops in PH — And a “Joint Response” for Taiwan

Security and military concerns, particularly on the South China Sea and Taiwan, were prominent in the discourse surrounding Harris’s visit.

The News Lens

Calls for tougher fines after latest Telstra scandal

Australia's biggest telcos must be handed larger fine to stem a growing tide of failures by the likes of Telstra, a leading advocate says.

The New Daily

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The News Lens

Eyeing Global Food Crisis, Beijing Revives Elements of Planned Economy

Beijing is promoting the development of supply and marketing cooperatives for agricultural products and state-run canteens as relations between China and Western democracies deteriorate.

The News Lens

North Korea Fires Missile Near Japan

North Korea continued missile launches for a second day, including a potential ICMB that prompted evacuations in Japan. The West condemned Pyongyang’s unprecedented display of military firepower.

The News Lens

After Deadly Crowd Surge, Seoul Residents Complain of Government Negligence

As South Koreans try to make sense of the Itaewon tragedy, many residents say officials should have either employed a much bigger police presence or more proactive crowd control measures to ensure orderly movement.

Bangkok Post

Foreign suitors ponder K-Asset stake

Europe’s largest fund manager and two global buyout firms are among the shortlisted bidders for a stake in the asset management business of Kasikornbank Plc, according to people familiar with the matter.

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The News Lens

Even Now, Standing Supreme, Xi Has Limits to His Power

The very loyalists that have facilitated Xi Jinping’s rise could yet provide a constraint to his ambition.

The News Lens

China Probes Its Neighbors’ Defenses as Regional Tensions Rise

Beijing has territorial claims against Japan, South Korea, and Taiwan and is using “salami-slicing” military and economic tactics in its efforts to assume control of the strategically important areas.

AAP

Ruling on Telstra-TPG deal due in December

The competition watchdog says it needs more time to assess Telstra and TPG's network sharing pact and will likely rule on it in early December.

The News Lens

Taiwan Ex-military Chief Urges Combat Preparedness Amid Rising China Threats

Former top Taiwanese defense official Admiral Lee Hsi-ming says he is concerned that forces are not ready to fight off China, and that a new defense concept is needed.

The Guardian - AU

TPG offers to pay $5m for overpromising NBN speeds after admitting breach of consumer law

Telco reaches agreement with ACCC to avoid contested hearing after 21,000 customers sold internet plans unable to hit top speeds

The News Lens

Philippines: ‘Communist’ Book Bans Raise New Censorship Fears

Free speech advocates are concerned the new government of Ferdinand Marcos Jr. will continue cracking down on independent media in an attempt to whitewash the history of his father’s brutal dictatorship.

The Guardian - US

Private equity still investing billions in dirty energy despite pledge to clean up

Carlyle, Warburg Pincus and KKR are the worst offenders according to a new scorecard of private equity climate risks

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