Feb 3 (Reuters) - Triumph Group ( TGI ) has entered into
a definitive agreement under which affiliates of equity firms
Warburg Pincus and Berkshire Partners will acquire it in a deal
valued at about $3 billion, the aircraft parts maker said on
Monday.
The Radnor, Pennsylvania-based company, which also services
military and commercial aircraft, has a market capitalization of
about $1.45 billion, according to data compiled by LSEG. Its
long-term debt was about $960 million at the end of September.
Triumph's shares jumped 35.5% before the bell on Monday.
The transaction, according to which Triumph's
shareholders will receive $26 per share in cash, is expected to
close in the second half of 2025.