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

Triumph

03/02/2025 11:03

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;))