Stonepeak Archives - The Loadstar Making sense of the supply chain Tue, 05 Nov 2024 12:02:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 Law firm urges shareholders to join probe into ATSG sale to Stonepeak https://theloadstar.com/law-firm-urges-shareholders-to-join-probe-into-atsg-sale-to-stonepeak/ https://theloadstar.com/law-firm-urges-shareholders-to-join-probe-into-atsg-sale-to-stonepeak/#respond Tue, 05 Nov 2024 12:02:00 +0000 https://theloadstar.com/?p=284302 ATSG shareholders are being encouraged to join an investigation into whether the proposed sale of the group to investor Stonepeak is fair. 
On the announcement of the deal yesterday, which would see shareholders receive $22.50 per share – a premium of about 29.3% on Friday’s closing share price, and a 45.5% premium on the volume-weighted average price – investor rights law firm Halper Sadeh urged shareholders to join it to investigate ...

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]]> https://theloadstar.com/law-firm-urges-shareholders-to-join-probe-into-atsg-sale-to-stonepeak/feed/ 0 284302 ATSG soars as takeover is confirmed https://theloadstar.com/atsg-soars-on-takeover-talk/ https://theloadstar.com/atsg-soars-on-takeover-talk/#respond Mon, 04 Nov 2024 11:31:09 +0000 https://theloadstar.com/?p=284092 The risk of writing what follows is that it will be out of date as soon as it’s published.
However, following reports that ATSG could be taken over by a New-York based investment firm, what follows is worth the pain of a… quick recap.
(PS: The deal was confirmed after this note was published; all main terms confirmed, the full release is here.)
If…
News agency Reuters is accurate – it so often is ...

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]]> https://theloadstar.com/atsg-soars-on-takeover-talk/feed/ 0 284092 Box lessor Textainer agrees $7.4bn Stonepeak takeover offer https://theloadstar.com/box-lessor-textainer-agrees-7-4bn-stonepeak-takeover-offer/ https://theloadstar.com/box-lessor-textainer-agrees-7-4bn-stonepeak-takeover-offer/#respond Mon, 23 Oct 2023 12:34:09 +0000 https://theloadstar.com/?p=257567 The last major container lessor with publicly traded shares is set to go private after Textainer agreed to a takeover offer from infrastructure fund Stonepeak.
Rumours have been swirling the industry that a takeover offer may be on its way since Textainer’s share price – traded on the New York and Johannesburg stock exchanges – hit historic highs in August, and this week Textainer investors were rewarded after Stonepeak put together ...

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