The Wall Street Journal: TPG hires bankers as it moves toward IPO

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TPG has hired JPMorgan Chase & Co. and Goldman Sachs Group Inc. to underwrite its planned initial public offering, according to people familiar with the matter, moving the private-equity powerhouse closer to a milestone it has flirted with for years.

The Wall Street Journal reported in June that TPG was in the early stages of weighing a public listing that could value it at some $10 billion.

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