AT&T (T) announced it has closed its transaction to sell its entire remaining 70% stake in DIRECTV to TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG.
In September 2024, AT&T agreed to sell its majority interest in DIRECTV Entertainment Holdings LLC to TPG, which holds the minority interest, for which AT&T expected to receive approximately $7.6 billion in cash payments from DIRECTV and the buyer through 2029.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.