Thursday, March 1, 2007
TXU board to contact as many as 60 groups regarding a deal
Potential suitors are lining up to counter the billions offered by KKR and Texas Pacific.
DALLAS — Evidently Credit Suisse is one of many of TXU's potential suitors. Reuters reports that a TXU special board committee "will contact as many as 60 entities, including financial, energy and non-energy companies" for a potential deal.
Interested buyers include private equity firms Blackstone Capital Partners and the ubiquitous Carlyle Group, as well as New Orleans-based Entergy Group.
Posted by Todd M.
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