InvoCare: Aussie Funeral Co. InvoCare OKs $1.2B TPG Buyout
Australia-based funeral services provider InvoCare Ltd. said Wednesday it has agreed, under the guidance of law firm Clayton Utz, to a buyout offer from TPG Capital Asia that carries an equity value of AU$1.8 billion ($1.2 billion) and an enterprise value of more than $1.4 billion.
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InvoCare is an Australia-based holding company that owns and operates businesses providing services such as funeral homes and pet cremations.
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