TPG buys stake in B&B | Hedge Funds | Alternative Investments
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TPG buys stake in B&B
 
  Hedgeweb - MON, JUN 02 2008
News Bradford & Bingley, the UKâ??s biggest buy-to-let lender, confirmed on Monday that private equity firm Texas Pacific Group will buy a 23 per cent stake for £179m.

The lender also issued a profit warning on monday. The Shares were suspended after falling as much as 16 per cent in opening exchanges.
 
 
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