Private Credit LogoPEI Private Credit

Buffett triumphs

How a KKR and TPG consortium lost a bidding war withWarren Buffett for a US utility – despite offering $1.5bn more

ByPEI Staff
12 January 2013•6 mins read
LinkedInXEmail
LinkedInXEmail
DealsPeopleEuropeMiddle EastNorth AmericaRegulation & LegalFund Management
LinkedInXEmail

Key mentions

Firm

KKR

Firm

TPG

Firm

ABS Capital Partners

Firm

Accel-KKR

Firm

Apollo Global Management

Firm

ARCH Venture Partners

Firm

Cerberus Capital Management

Firm

Corsair

Firm

Falconhead Capital

Firm

Forsakringsbranschens Pensionskassa (FPK)

Firm

H.I.G. Capital

Firm

Olympus Partners

Firm

Sequoia Capital

Firm

TA Associates

Firm

The Halifax Group

Firm

Venrock

Latest news

Apollo’s Kleinman: Exits aren’t the problem, pricing is

10 September 2026 · 3 mins read

Fund Managers

Why the UK regulator has its eyes on private credit

10 September 2026 · 2 mins read

News & Analysis

Loan Note: Santander makes key infra debt hires; smaller funds hit fundraising wall

10 September 2026 · 4 mins read

View all

Upcoming events

SEP

15

PDI New York Forum 2026

New York

OCT

13

PDI DACH Forum 2026

Munich City

DEC

02

Women in Private Markets Summit

London

View all

PEI Logo
  • Sign in FAQs
  • About us
  • Membership options
  • Contact us
  • Methodology
  • Sponsorship opportunities
  • Infrastructure Investor
  • Infrastructure Investor Deals
  • Private Equity International
  • Buyouts
  • PE Hub
  • Venture Capital Journal
  • PERE
  • PERE Deals
  • Secondaries Investor
  • Responsible Investor
  • New Private Markets
  • Agri Investor
  • Private Funds CFO
  • Regulatory Compliance Watch

Private Credit

  • Sign in FAQs
  • About us
  • Membership options
  • Contact us
  • Methodology
  • Sponsorship opportunities

Infrastructure

  • Infrastructure Investor
  • Infrastructure Investor Deals

Private Equity

  • Private Equity International
  • Buyouts
  • PE Hub
  • Venture Capital Journal

Private Real Estate

  • PERE
  • PERE Deals

Secondaries

  • Secondaries Investor

Responsible Investing

  • Responsible Investor
  • New Private Markets

Agri/Natural Assets

  • Agri Investor

Cross-Sector

  • Private Funds CFO
  • Regulatory Compliance Watch
LinkedInYouTube
PEI EventsPEI GroupPEI Memberships
Privacy noticeCookie noticeDORA statementTerms and conditions© PEI Group