Equity Firm Eyeing MacDon Acquisition

According to a July 8 report from Reuters, TPG Capital is one of the final bidders for MacDon Industries, the farm equipment manufacturer based in Winnipeg, Manitoba.

Citing three unidentified people familiar with the matter, Reuters reported that the private equity firm is working on making a binding bid for MacDon by the mid-July deadline for final offers. Reportedly, MacDon is looking to sell itself for around $1 billion.

MadDon describes itself as a family…

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