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TPG Reaps Huge Gains With Indonesian Bank Stake Sale

By Kaitlyn Kiernan ( February 18, 2015, 4:20 PM EST) -- U.S. buyout shop TPG Capital said Wednesday it sold a 17.5 percent stake in PT Bank Tabungan Pensiunan Nasional Tbk. to a unit of Japan's Sumitomo Mitsui Financial Group Inc. for 5.93 trillion rupiah ($461.8 million), leaving TPG with even stronger gains on the six-year-old investment....

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