Record buyout for TXUTexas utility agrees to deal valued at record $45 billion with debt; agrees to scrap permits for 8 planned coal power plants.
February 26 2007: 9:27 AM EST
NEW YORK (CNNMoney.com) -- Texas utility TXU agreed to be taken private in a $45 billion cash-and-debt buyout early Monday, the largest private-equity deal in history.
The buyers include two of the largest private equity firms, Kohlberg Kravis Roberts & Co. and Texas Pacific Group, as well as the private equity arm of investment bank Goldman Sachs.
Monday, February 26, 2007
Follow up on TXU buyout
From CNNMoney this morning:
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