News / Box lessor Textainer agrees $7.4bn Stonepeak takeover offer

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 a $7.4bn offer (enterprise value), equating to $50 per share ...