TPG Capital Asia to buy InvoCare for $1.8 billion in cash

SYDNEY, AUSTRALIA: TPG Capital Asia, a private equity firm, has agreed to buy InvoCare Limited, the largest funeral services provider in Australia, New Zealand and Singapore, for $1.8 billion in cash. The deal was announced on 9 August 2023, after months of negotiations. Under the scheme of arrangement, InvoCare shareholders will receive $12.70 per share…