Private Equity
<p>Israeli food and drinks maker&nbsp;Strauss Group&nbsp;said on Thursday that U.S. buyout firm&nbsp;TPG Capital Management&nbsp;was looking to sell its 25.1 percent stake in one of the group&rsquo;s units,&nbsp;Strauss Coffee.</p> <p>Strauss, a maker of snacks, fresh foods and coffee, is a market leader in roast and ground coffee in central and eastern Europe and Brazil.</p> <p>TPG bought its stake in Strauss Coffee in 2008 for $293 million, but relations between the partners soured after TPG tried to keep a former TPG employee from losing his job as chief executive of the coffee firm. It lost that fight in court and the former employee was ousted in 2014.</p>