TXU Corp. , renamed Energy Future Holdings, was bought for $43.3 billion by KKR and TPG in 2007. The private equity buyers valued the Texas-based utility company at $43.3 billion when counting the debt that came with it and paid $69.25 a share, 15% above the stock at the time the deal was announced. Because Texas's biggest electricity company was being sold to private investors after years as a public utility, buyers at the time said they would likely hold their investment for at least 5 years. KKR and TPG added $24.5 billion in new debt to finance the buyout.
9 Biggest Deals Left From the Buyout Boom
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