Tomy Shares to Texas Pacific Group

Wednesday, March 7th, 2007 9:45PM CST

Category: Company News
Posted by: Hotrod Views: 14,746

Topic Options: View Discussion · Sign in or Join to reply

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.

Credit(s): Toy News Magazine

News Search

Got Transformers News? Let us know here!

Most Recent Transformers News

Void Rivals #21, Spawn Universe, Batman, Feral #14, Facsimiles and more at the Seibertron Store

Posted 4 hours ago

Re: Tomy Shares to Texas Pacific Group (45548)
Posted by Liege Evilmus on March 7th, 2007 @ 11:13pm CST

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.

Re: Tomy Shares to Texas Pacific Group (45600)
Posted by Stormrider on March 8th, 2007 @ 12:15am CST

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.