Page 1 of 1

Tomy Shares to Texas Pacific Group

PostPosted: Wed Mar 07, 2007 10:45 pm
by Hotrod
On May 13th 2005 it was announced that Takara and Tomy would merg. Well today Tomy has made more business news. Tomy has sold 14% of it shares to Texas Pacific Group. This puts Tomy in great position for further growth. To read the entire article click here.

PostPosted: Thu Mar 08, 2007 12:13 am
by Liege Evilmus
If this leads to some new and inovative bots(TF based or other), I'm a happy camper. Otherwise, I don't care these are large corporations with many differnt product lines involved, so I choose to wait and see if I wind up caring about this at all.

PostPosted: Thu Mar 08, 2007 1:15 am
by Stormrider
I did a little investigating and found the following information about TPG:

Texas Pacific Group Company Profile

From Yahoo Finance
Yee-haw! Let's round us up some LBOs! Texas Pacific Group (TPG) has staked its claim on the buyout frontier with a reputation for roping in companies other investors wouldn't touch with a 10-foot pole. An active investor, TPG often takes control of the companies in which it invests. Holdings have included stakes in technology (Seagate Technology, ON Semiconductor), consumer franchises/products (Burger King, Ducati), retailers (J. Crew, Petco), airlines (Continental, America West), and entertainment (Metro-Goldwyn-Mayer). Texas Pacific Group raised a whopping $15 billion for a Texas-sized buyout fund in 2006.


It appears that TPG focus is to invest in companies that have potential but are a bit risky.