date:Mar 12, 2013
US private equity firm TPG Capital has entered into an agreement to acquire Australia's leading poultry processor Inghams Enterprises for approximately A$880m ($901m).
TPG Capital overcame competition from several other bidders in the auction including private equity firm the Blackstone as well as a consortium led by Chinese agribusiness company New Hope.
The private equity firm was advised by Macquarie Capital in the auction process. TPG Capital had lined up commitments of A$775m ($792.9m) fr