Triumph Group To Be Acquired By Warburg Pincus, Berkshire Partners For Approx. $3 Bln In Cash
(RTTNews) - Triumph Group, Inc. (TGI), Monday announced that the company will be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction, valuing the company at $26 per cash or around $3 billion.
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. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion.
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Private equity companies to acquire Triumph for $3bnThe deal will result in Triumph becoming a privately held entity, with joint control by the acquiring companies.
Aerospace supplier Triumph Group, has entered a $3 billion acquisition agreement with Warburg Pincus and Berkshire Partners.
Pennsylvania-based Triumph designs, manufactures, repairs and supplies spare parts for a wide range of products.
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US aerospace supplier Triumph Group has agreed to be purchased by two private equity firms for about $2 billion, a deal that ...
Aerospace component manufacturer Triumph Group (NYSE: TGI) has agreed to be acquired by private equity at a substantial ...
Truist raised the firm’s price target on Triumph Group (TGI) to $26 from $19 and keeps a Hold rating on the shares following the announcement ...
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