DEALTALK-TPG's acquisition of JVC stumbles over financing

(Reuters) - TOKYO, June 6 - U.S. private equity firm Texas
Pacific Group's [TPG.UL] bid for Japanese consumer electronics
maker JVC is struggling to win backing from lenders,
putting the roughly $560 million deal in jeopardy, sources
familiar with the matter say.




If TPG does not come up with a creative way to fund the
deal soon then the bidding may be reopened to other suitors,
with buyout house Cerberus [CBS.UL] and rival electronics maker
Kenwood Corp. seen as potential candidates.


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