The American investment company TPG Inc. is considering the possibility of selling the jewelry company APM Monaco. This is reported by foreign media.
TPG has engaged advisors to evaluate the proposed sale of APM assets, including the sale of a stake in the company or the placement of shares as part of an IPO. TPG expects an APM valuation of at least $2 billion.
In 2019, a consortium led by TPG and with the participation of China Synergy and China International Capital Corp. He acquired a 30% stake in APM Monaco, and in 2021 he planned to hold an IPO in Hong Kong, but refused to place shares.
APM Monaco is a jewelry company producing stylish jewelry. The company operates 500 jewelry stores in 26 countries. The headquarters are located in Hong Kong and Monaco.
TPG Capital is an American private equity firm that manages investment funds in the field of venture capital, public equity and debt investments. It is headquartered in Fort Worth (Texas) and San Francisco (California). TPG manages assets worth $286 billion.
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