Triton International Ltd. said Wednesday it has agreed to be acquired by Brookfield Infrastructure Partners LP in a cash and stock deal valued at about $4.7...
Triton International Ltd. TRTN said Wednesday it has agreed to be acquired by Brookfield Infrastructure Partners LP BIP in a cash and stock deal valued at about $4.7 billion. Under the terms of the deal, shareholders of Triton, a lessor of intermodal freight containers, will receive $68.50 a share in cash and $16.50 in BIPC Class A exchangeable shares for a total of $85 a share. The stock closed Tuesday at $63.01.
... Triton International Ltd. TRTN said Wednesday it has agreed to be acquired by Brookfield Infrastructure Partners LP BIP in a cash and stock deal valued at about $4.7 billion. Under the terms of the deal, shareholders of Triton, a lessor of intermodal freight containers, will receive $68.50 a share in cash and $16.50 in BIPC Class A exchangeable shares for a total of $85 a share. The stock closed Tuesday at $63.01.
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