BRIEF-Triumph To Be Acquired By Warburg Pincus And Berkshire Partners Afflilates in a deal valued At About $3 Billion-March 2024-www.financetom.com

BRIEF-Triumph To Be Acquired By Warburg Pincus And Berkshire Partners Afflilates in a deal valued At About $3 Billion

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Triumph To Be Acquired By Warburg Pincus And Berkshire Partners Afflilates in a deal valued At About $3 Billion

Feb 3, 2025 3:24 AM

Feb 3 (Reuters) - Triumph Group Inc ( TGI ):

* TRIUMPH TO BE ACQUIRED BY AFFILIATES OF WARBURG PINCUS AND

BERKSHIRE PARTNERS IN AN ALL-CASH TRANSACTION VALUED AT

APPROXIMATELY $3 BILLION

* TRIUMPH GROUP INC ( TGI ) - SHAREHOLDERS TO RECEIVE $26.00 PER

SHARE IN

CASH

* TRIUMPH GROUP INC ( TGI ) - TO BE DELISTED FROM NYSE UPON

TRANSACTION

COMPLETION

* TRIUMPH GROUP INC ( TGI ) - PURCHASE PRICE REPRESENTS 123% PREMIUM

OVER

CLOSING STOCK PRICE

* TRIUMPH GROUP INC ( TGI ) - BOARD UNANIMOUSLY APPROVES AGREEMENT

Source text:

Further company coverage:

Previous page： Starbucks, union agree to bring in mediator for contract talks Next page： Nissan, Honda to announce direction of possible integration by mid-Feb, Nissan says

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Starbucks, union agree to bring in mediator for contract talks

Jan 30, 2025

(Reuters) -Starbucks and its union representing more than 10,000 baristas have agreed to bring in a mediator to help resume stalled contract negotiations and reach a deal, they said in a joint statement on Thursday. Talks between the two parties, which began in April last year, were halted in December before a final round, with the union saying the coffee...

Nissan, Honda to announce direction of possible integration by mid-Feb, Nissan says

Jan 30, 2025

TOKYO (Reuters) - Nissan Motor ( NSANF ) will aim to announce the direction of its possible integration with Honda Motor ( HMC ) by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January. The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for...

No clear reason yet for Washington air disaster that killed 67, officials say

Jan 30, 2025

* 64 people were aboard passenger jet, three on U.S. Army helicopter * Deadliest U.S. air crash since 2001, officials say no survivors * Trump faults government diversity efforts * Passengers included U.S. and Russian figure skaters (Adds black boxes found) By David Shepardson, Steve Holland, Jeff Mason and Trevor Hunnicutt WASHINGTON, Jan 30 (Reuters) - U.S. authorities said on...

Nissan, Honda to announce direction of possible integration by mid-Feb, Nissan says

Jan 30, 2025

TOKYO, Jan 31 (Reuters) - Nissan Motor ( NSANF ) will aim to announce the direction of its possible integration with Honda Motor ( HMC ) by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January. The two Japanese automakers have been in talks to explore a merger by 2026, in a historic...