Domain Group

US Firm Sparks Bidding War For Australia’s Fairfax Media

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American investment firm Hellman & Friedman has kicked off a bidding war for Australia’s Fairfax Media by making a multi-billion-dollar offer to rival private equity company TPG Capital’s proposal, the publishing giant said Thursday. Hellman & Friedman — former owners of US multimedia company Getty Images and German publisher Axel Springer — made an offer … Read more

TPG Ups Bid For Australia’s Fairfax Media

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A consortium led by private equity giant TPG Capital upped its offer for troubled Fairfax Media Monday and now wants to buy out the entire firm. Last week TPG and the Ontario Teachers’ Pension Plan Board offered 95 Australian cents per share for Fairfax’s leading mastheads and its lucrative Domain Group focused on property advertising. … Read more