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Triumph to be acquired by Warburg, Berkshire Partners in $3 bln deal
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Triumph to be acquired by Warburg, Berkshire Partners in $3 bln deal
Feb 3, 2025 2:54 AM

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.

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