Brookfield Infrastructure to take Triton International private for $4.7 bln (updated)

Triton International

12/04/2023 12:15

(Adds details; changes slug to TRITON INTL-M&A/BROOKFIELD)
       April 12 (Reuters) - Intermodal container lessor Triton
International Ltd  TRTN.N  has agreed to be acquired by
Brookfield Infrastructure  BIPC.N  for about $4.7 billion in a
cash-and-stock deal, the companies said on Wednesday.
    Brookfield has offered about $85 per Triton common share,
which represents a premium of nearly 35% to the stock's last
closing price.
    The deal is expected to close in the fourth quarter of the
year.
        
  

 (Reporting by Nathan Gomes in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Nathan.Gomes@thomsonreuters.com;))