Mr Clarke said he also had the backing of the board, even as private equity player Kohlberg Kravis Roberts, along with an unnamed second bidder presumed to be TPG, had both pitched a takeover set at $ 5.20 a share, to value the winemaker at $ 3.4 billion, and were now conducting due diligence. (afr.com)
Now she's been replaced — and the 126 - year - old company has a second bidder lining up. (fortune.com)
TPG Capital emerged as a second bidder for Treasury on Monday with a proposal pitched at $ 5.20 per share, valuing the company at $ 3.4 billion. (afr.com)