IHH Healthcare planning to buy TPG’s Malaysian hospital assets

TPG Inc. (TPG) is in talks to acquire Ark Data Centres from Elliott Management for approximately $5 billion, according to the Financial Times. The discussions are ongoing, but a deal is not certain.

South Korea's Financial Supervisory Service (FSS) plans to inspect 30 private equity firms, warning of market expulsion for repeated violations. Lotte Group will raise $1.3B from asset sales, including TPG's $920M acquisition of Lotte Rental. The FSS also blocked Affinity Equity Partners' deal for Lotte Rental, citing private equity control risks.

AIIB committed $100m to TPG's climate fund for emerging markets, including $50m for GSI and up to $50m in co-investments. GSI targets $1b, with $808m committed as of Q2 2026. Fund focuses on energy transition, green mobility, and climate adaptation in Asia, Middle East, and Africa.

Australian and New Zealand telecom stocks fell Monday after SpaceX's $8B U.S. spectrum deal raised concerns about competition. Telstra (down 2.5%), TPG Telecom (down 4.9%), and others declined, despite broader market gains. SpaceX aims to expand Starlink Mobile with terrestrial infrastructure, pending FCC approval. Analysts note potential long-term risks to traditional telecoms, though Citi maintains a 'buy' rating on Telstra.

UnitedHealth Group (UNH) shares fell 3% following TPG's acquisition of Florida WellMed Clinics, ahead of guidance reaffirmation. The deal involves Optum clinics that previously impacted UnitedHealth's profits. The company is set to reaffirm its guidance soon, which could validate the deal or raise concerns among investors.

UnitedHealth Group (UNH) fell 3% to $388.58 after selling part of its Florida WellMed clinics to TPG. CFO DeVeydt called it a growth partnership, not a capital raise. UNH plans to reaffirm 2026 guidance of $19.50-$20.00 adjusted EPS and $24B operating cash flow. Optum Health margins are expected to reach 2% this year and 4% next year, per DeVeydt.