|Day's Range||2,500.00 - 2,540.00|
|52 Week Range||2,250.00 - 3,100.00|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Private equity firm TPG Capital Management has sold Chinese company HCP Packaging to Baring Asia, returning $1.55 billion in total to investors in 2015, an annual letter to its limited partners reviewed by Reuters showed. The deal, signed in December, is one of 14 TPG was able to close across eight Asian countries this year despite choppy markets. Private equity firms including TPG, Bain, Baring Private Equity Asia and KKR have all launched multi-billion dollar specialised funds to target growth in the region.
* Private equity fund to take up to 75 percent stake * TPG sees opportunity to lend as SMEs seek capital * Sri Lanka economy expected to grow 7.8 pct this year (Adds quotes, context of economic expansion and lending opportunity) COLOMBO/HONG KONG, Aug 14 (Reuters) - TPG Capital Management LP has agreed to purchase a majority stake in Sri Lanka's Union Bank of Colombo Plc for $113 million in the country's biggest buyout deal.