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

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

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

  • 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 - SHAREHOLDERS TO RECEIVE $26.00 PER SHARE IN CASH

  • TRIUMPH GROUP INC - TO BE DELISTED FROM NYSE UPON TRANSACTION COMPLETION

  • TRIUMPH GROUP INC - PURCHASE PRICE REPRESENTS 123% PREMIUM OVER CLOSING STOCK PRICE

  • TRIUMPH GROUP INC - BOARD UNANIMOUSLY APPROVES AGREEMENT

Source text: ID:nPn7fX387a

Further company coverage: TGI.N

((Reuters.Briefs@thomsonreuters.com;))

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