Warburg Pincus leads Transpacific’s A$800m recap

The global private equity firm will invest A$65m for a stake of 18% in the Australian waste management company and the remaining A$735m will be raised via an entitlement offer.

In its first investment in Australia, Warburg Pincus has committed up to A$496 million ($402 million; €286 million) of the A$800 million recapitalisation of waste management services company Transpacific Industries Group, according to a statement from the company.  

Warburg Pincus will invest approximately A$65 million in Transpacific for a stake of about 18 percent.

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