Hillenbrand confirms acquisition by Lone Star funds, shares up

Hillenbrand (NYSE:HI [https://seekingalpha.com/symbol/HI]) announced [https://seekingalpha.com/pr/20266632-hillenbrand-announces-agreement-to-be-acquired-by-lone-star-for-32_00-per-share] on Wednesday an acquisition by an affiliate of Lone Star Funds in an all-cash transaction, valuing the industrial company at ~$3.8B.

Shares were +15.89% pre-market to $30.70.

Hillenbrand is valued at $32.00 per share.

The purchase price represents a premium of ~37% over the stock's unaffected closing share price on August 12 and a premium of 53% over the volume weighted average price for the 90 days ending August 12.

Hillenbrand board unanimously approved the transaction.

The transaction is expected to close by the end of the first quarter of 2026.

MORE ON HILLENBRAND

* Hillenbrand: Refrain From Buying Into Recent Buyout Rumors [https://seekingalpha.com/article/4826865-hillenbrand-refrain-from-buying-into-recent-buyout-rumors]
* Hillenbrand: Portfolio Transformation, Discounted Valuation, And Cyclical Recovery Set To Drive Upside [https://seekingalpha.com/article/4818082-hillenbrand-portfolio-transformation-discounted-valuation-cyclical-recovery-drive-upside]
* Hillenbrand, Inc. (HI) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4812779-hillenbrand-inc-hi-q3-2025-earnings-call-transcript]
* Lone Star near deal to buy Hillenbrand - Bloomberg [https://seekingalpha.com/news/4504115-lone-star-near-deal-to-buy-hillenbrand-bloomberg]
* Hillenbrand gains on report that it's set to collect final bids [https://seekingalpha.com/news/4499567-hillenbrand-gains-on-report-that-its-set-to-collect-final-bids]