Private-equity firm TPG's stock price rose more than 15% in its first day of trading, valuing the company that's a significant investor in commercial real estate at more than $10 billion in the year's first big initial public offering that comes after a surge in deal making.
Property Investor TPG's Stock Jumps in Trading Debut After Private-Equity Deals Surge
Public Offering Gives Firm Ability To Compete With Larger Rivals for Property Transactions, Buyouts
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