Irving Place Capital to Acquire Thermadyne Holdings (THMD) for $422M
Thermadyne Holdings Corp. (Nasdaq: THMD) announced that they have entered a definitive agreement to be acquired by Irving Place Capital affiliates for a consideration of $15 per share, or $422 million total.
Close of the transaction is expected in December 2010.
The transaction is subject to shareholder approval and other customary closing conditions and is targeted to close in December 2010.
Oppenheimer & Co. Inc. is acting as Thermadyne's exclusive financial advisor, and Bryan Cave LLP serves as its legal advisor.
RBC Capital Markets is acting as Irving Place Capital's exclusive financial advisor, and Weil, Gotshal & Manges LLP is acting as its legal advisor.
Jefferies & Company, Inc. or one or more of its affiliates, RBC Capital Markets and GE Antares Capital Corporation have committed to providing debt financing in support of the transaction.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
Close of the transaction is expected in December 2010.
The transaction is subject to shareholder approval and other customary closing conditions and is targeted to close in December 2010.
Oppenheimer & Co. Inc. is acting as Thermadyne's exclusive financial advisor, and Bryan Cave LLP serves as its legal advisor.
RBC Capital Markets is acting as Irving Place Capital's exclusive financial advisor, and Weil, Gotshal & Manges LLP is acting as its legal advisor.
Jefferies & Company, Inc. or one or more of its affiliates, RBC Capital Markets and GE Antares Capital Corporation have committed to providing debt financing in support of the transaction.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- DigitalGlobe (DGI) Pops On Rumors of Higher Bid
- Citi (C) selling stake in Turkey's Akbank, valued at $1.27B -Bloomberg
- UPDATE: RR Donnelley (RRD) to Buy Edgar Online (EDGR) for $70.5M
Create E-mail Alert Related Categories
Mergers and Acquisitions, Private EquityRelated Entities
Jefferies & Co, RBC Capital, Irving Place Capital/Thermadyne Holdings Corp.Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
