Poundworld owner tipped to be Spotify’s new $500m sugar daddy

TPG Capital, one of the world’s biggest private equity firms, is reportedly mulling an investment in Spotify worth ‘hundreds of millions of dollars’. TPG owns interests including acrobatics company Cirque Du Soleil, Italian restaurant brand Prezzo and US mortgage company Kensington.

Source: Poundworld owner tipped to be Spotify’s new $500m sugar daddy – Music Business Worldwide