Stonepeak Acquires Textainer in $50 per Share Deal - WSJ

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Source: The Wall Street Journal
Stonepeak Acquires Textainer in $50 per Share Deal - WSJ
Photo: The Wall Street Journal
TL;DR

Infrastructure investor Stonepeak has agreed to acquire shipping-container lessor Textainer for over $2 billion, with Textainer investors receiving $50 per share in cash. The deal values Textainer at approximately $2.1 billion and, factoring in its debt, the total deal is worth around $7.4 billion.

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