TPG Buys Stake of British Mortgage Company by Mortgage

Fri, 03 Apr 2009 02:00:02 -0500

TPG Buys Stake of British Mortgage Company

by Mortgage @ Fri, 03 Apr 2009 02:00:02 -0500
TPG is paying just 55 pence, indicating that investment appetite for the UK largest buy-to-rent company is still scarce. The deal is mightily dilutive for existing shares, which were down 23 percent this morning. ...