TPG said it will invest in DIRECTV through TPG Capital, the firm's U.S. and European private equity platform. DIRECTV also plans to make a special distribution of at least $1.625 billion to its ...

In 2021, AT&T had signed a joint-venture agreement with TPG, in which the private equity firm contributed about $1.8 billion in cash in exchange for a 30% stake in DirecTV, which was valued at ...

Separately, the US telecoms giant AT&T said it had agreed to sell its 70% stake in DirecTV to the private equity firm TPG for $7.6 billion. Selling off its satellite TV business would allow the ...

The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...

TPG says its transaction with AT&T is expected to close in the second half of 2025, subject to closing conditions, and isn’t conditioned on DirecTV’s merger with Dish going through.

DirecTV's value rapidly declined under AT&T's stewardship, as the company reported a $15.5 billion impairment charge in January 2021. AT&T last month said the DirecTV/TPG deal will lower AT&T's ...

TPG will contribute $1.8 billion in cash in exchange for preferred stock in the venture. New DirecTV has financing commitments of $6.2 billion, of which $5.8 billion will be paid to AT&T in cash.

TPG, an alternative asset management firm, has announced the completion of its acquisition from AT&T of the remaining 70 per cent stake in DirecTV it did not already own. With the completion of this ...

Under the deal terms, AT&T sold a 30 percent stake in DirecTV, AT&T TV and its U-Verse to TPG in exchange for $1.8 billion in cash, making DirecTV a standalone company.

DirecTV has been a private company since mid-2021. After a disastrous six-year ownership, publicly traded AT&T struck a deal with private equity firm TPG to spin off the satellite TV provider but ...

UPDATED with details from analysts’ call: WarnerMedia parent AT&T has clinched hotly anticipated deal to sell a significant minority stake in satellite broadcaster DirecTV to private equity ...