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TPG pulls out of Bradford & Bingley plan
adeal
7/4/2008 6:50:29 AM
Mortgage lender Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific Group pulled out of its agreement to invest. Fort Worth, Texas-based TPG withdrew after Moody's rating service downgraded Bradford & Bingley's long-term debt ....
(
GetMarketNews
)
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