Warburg, Berkshire Said to Near $3 Billion Deal for Triumph

Bloomberg02-03 17:39

Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Inc. for about $3 billion, including debt, according to people familiar with the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Bobet
02-03 14:31
Bobet
Share your opinion about this news…

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2508198480?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-03 17:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508198480","market":"us","top_or_hot":-1,"title":"Warburg, Berkshire Said to Near $3 Billion Deal for Triumph","media":"Bloomberg","content":"<div>\n<p>Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Inc. for about $3 billion, including debt, according to people familiar with the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warburg, Berkshire Said to Near $3 Billion Deal for Triumph</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarburg, Berkshire Said to Near $3 Billion Deal for Triumph\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-03 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Inc. for about $3 billion, including debt, according to people familiar with the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0031619046.USD","symbol_name":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas","article_id":"2508198480","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508198480","pubTimestamp":1738575591,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services s","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4187":"航天航空与国防","BRK.B":"伯克希尔B","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BRK.A":"伯克希尔","TGI":"Triumph Group Inc","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H"},"translate_title":"华宝和伯克希尔表示将以近30亿美元收购黛安芬","themeId":"dbdf9cdd15f5152075d3bdf131bb1cc6","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRK.A":1.1,"BRK.B":1.1,"TGI":0.9},"content_text":"Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Inc. for about $3 billion, including debt, according to people familiar with the matter.Triumph shares surged 32% in premarket trading.The private equity firms are discussing paying $26 per share for the Radnor, Pennsylvania-based company, said the people, who asked to not be identified because the details are private. A deal could be announced as soon as Monday, the people said. No final decision has been made and discussions could fall through, the people added.Representatives for Triumph and Warburg Pincus declined to comment. A representative for Berkshire didn’t immediately respond to a request for comment.Triumph fell 1.4% to close at $18.74 in New York trading Friday, giving the company a market value of about $1.5 billion. Triumph also has about $966 million in debt, according to data compiled by Bloomberg.Bloomberg News reported in October that it was weighing a sale.Triumph offers a range of aftermarket products for commercial and military aircraft, including engine parts and integrated systems. Original equipment manufacturers are among its biggest clients. Last year, the company sold its product support arm to rival AAR Corp. for $725 million in a move to become a nimbler aftermarket player.This isn’t the first time Warburg Pincus and Berkshire have partnered on an aerospace-related deal. In 2019, they recapitalized Consolidated Precision Products Corp., according to a statement at the time.","kind":"live","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":399520311341280,"gmtCreate":1738564273487,"gmtModify":1738564277414,"author":{"id":"4125977394276452","authorId":"4125977394276452","name":"Bobet","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/2b6219675842600ebb42baa43c645832","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4125977394276452","idStr":"4125977394276452"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/399520311341280","repostId":2508198480,"repostType":4,"repost":{"id":"2508198480","kind":"live","pubTimestamp":1738575591,"share":"https://ttm.financial/m/news/2508198480?lang=&edition=fundamental","pubTime":"2025-02-03 17:39","market":"us","language":"en","title":"Warburg, Berkshire Said to Near $3 Billion Deal for Triumph","url":"https://stock-news.laohu8.com/highlight/detail?id=2508198480","media":"Bloomberg","summary":"Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services s","content":"<html><head></head><body><p style=\"text-align: start;\">Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier <a href=\"https://laohu8.com/S/TGI\">Triumph</a> Inc. for about $3 billion, including debt, according to people familiar with the matter.</p><p>Triumph shares surged 32% in premarket trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8253c4767bebed1d40b8e1594764beec\" tg-width=\"416\" tg-height=\"388\"/></p><p style=\"text-align: start;\">The private equity firms are discussing paying $26 per share for the Radnor, Pennsylvania-based company, said the people, who asked to not be identified because the details are private. A deal could be announced as soon as Monday, the people said. No final decision has been made and discussions could fall through, the people added.</p><p style=\"text-align: start;\">Representatives for Triumph and Warburg Pincus declined to comment. A representative for Berkshire didn’t immediately respond to a request for comment.</p><p style=\"text-align: start;\">Triumph fell 1.4% to close at $18.74 in New York trading Friday, giving the company a market value of about $1.5 billion. Triumph also has about $966 million in debt, according to data compiled by Bloomberg.</p><p style=\"text-align: start;\">Bloomberg News reported in October that it was weighing a sale.</p><p style=\"text-align: start;\">Triumph offers a range of aftermarket products for commercial and military aircraft, including engine parts and integrated systems. Original equipment manufacturers are among its biggest clients. Last year, the company sold its product support arm to rival AAR Corp. for $725 million in a move to become a nimbler aftermarket player.</p><p>This isn’t the first time Warburg Pincus and Berkshire have partnered on an aerospace-related deal. In 2019, they recapitalized Consolidated Precision Products Corp., according to a statement at the time.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warburg, Berkshire Said to Near $3 Billion Deal for Triumph</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarburg, Berkshire Said to Near $3 Billion Deal for Triumph\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-03 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Inc. for about $3 billion, including debt, according to people familiar with the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4187":"航天航空与国防","BRK.B":"伯克希尔B","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BRK.A":"伯克希尔","TGI":"Triumph Group Inc","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H"},"source_url":"https://www.bloomberg.com/news/articles/2025-02-03/warburg-berkshire-said-to-near-3-billion-deal-for-triumph?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2508198480","content_text":"Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Inc. for about $3 billion, including debt, according to people familiar with the matter.Triumph shares surged 32% in premarket trading.The private equity firms are discussing paying $26 per share for the Radnor, Pennsylvania-based company, said the people, who asked to not be identified because the details are private. A deal could be announced as soon as Monday, the people said. No final decision has been made and discussions could fall through, the people added.Representatives for Triumph and Warburg Pincus declined to comment. A representative for Berkshire didn’t immediately respond to a request for comment.Triumph fell 1.4% to close at $18.74 in New York trading Friday, giving the company a market value of about $1.5 billion. Triumph also has about $966 million in debt, according to data compiled by Bloomberg.Bloomberg News reported in October that it was weighing a sale.Triumph offers a range of aftermarket products for commercial and military aircraft, including engine parts and integrated systems. Original equipment manufacturers are among its biggest clients. Last year, the company sold its product support arm to rival AAR Corp. for $725 million in a move to become a nimbler aftermarket player.This isn’t the first time Warburg Pincus and Berkshire have partnered on an aerospace-related deal. In 2019, they recapitalized Consolidated Precision Products Corp., according to a statement at the time.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2508198480"}