News: IVC Invocare Seeks Trading Halt, page-8

I am not worried if the TPG deal falls through. From what I read back when it was first proposed, Invocare has almost complete control of burial plots available in Sydney over the short to medium term. I would expect them to be quite profitable in the next few years, and I would guess that asset was what TPG was principally interested in obtaining.

Disclosure - I reduced my holding in IVC at close to the peak a couple of months back, but that was opportunistic rebalancing of the portfolio, of which IVC was too great a percentage for a small-time investor like me.