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Global business
Global business Yet another record was set for the biggest leveraged buyout when a private-equity consortium led by Kohlberg Kravis Roberts and Texas Pacific Group agreed to buy TXU, a Texas power company, for about $45 billion. The private equity firms stressed the deal’s green credentials (bolstering support ahead of any potential regulatory scrutiny) by announcing that TXU would reduce the …
Source: www.startribune.com
