TEG Group’s owners could launch an auction for the Australian entertainment business from this April, according to reports. Silver Lake, which bought the Ticketek owner for a reported $1bn in 2019, was said to have been in talks with investment banks over the future of its ownership late last year. Now The Australian reports that …
2022 in review – October
As the year began to wind down, investor Silver Lake started to look at exit options for its ticketing and live entertainment business, TEG, according to reports. TEG, which also owns ticketing firm Ticketek, was acquired by Silver Lake in 2019. A North America coalition led by economic libertarian groups and consumer champions was established …
Silver Lake looking into TEG exit options – report
Investor Silver Lake is reportedly looking into exit options for ticketing and live entertainment business TEG. According to the Australian Financial Review, Silver Lake and TEG have been talking to investment banks in recent weeks to paint a picture of who may be willing to invest in the company. Talks are expected to mandate at …