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Hillenbrand Stock Surges 18% on $3.8 Billion Lone Star Funds Buyout

Hillenbrand Stock Surges 18% on $3.8 Billion Lone Star Funds Buyout

Published:
2025-10-16 03:35:01
13
3
BTCCSquare news:

Hillenbrand shares skyrocketed 18% on the NYSE after announcing a definitive agreement to be acquired by a Lone Star Funds affiliate for $32 per share in cash. The $3.8 billion deal represents a 37% premium to its August 12 closing price.

Chairperson Helen Cornell emphasized the transaction delivers immediate value at a substantial premium while positioning the company to better serve customers with engineered processing solutions. The industrial firm expects to delist by Q1 2025 upon deal closure.

|Square

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