date:Jul 05, 2013
Food maker Strauss Group and private equity firm TPG Capital are examining options for the sale of TPG's 25 percent stake in Strauss Coffee, the Israeli company said on Thursday.
Strauss noted that TPG has held the stake for five years and said this was a natural process for private equity firms. TPG paid $293 million for the stake in 2008.
At this stage no decision has been reached regarding exit alternatives for TPG, and Strauss Group together with TPG are examining a number of options, Stra