Vintage Private Equity Deals: TXU – Learnings from the Largest LBO (Bust) in History
Download PDF Introduction February 26th 2007 marked one of the peaks of the pre-financial crisis exuberance: KKR [NYSE: KKR] and TPG [NASDAQ: TPG], together with a number of banks including Goldman Sachs [NYSE: GS] and Lehman Brothers, announced the acquisition of the Texas power company TXU for an astounding $44.3bn Read more…