ID 144118446 © Gearstd |

(This deal, worth $13.3bn in enterprise value, was announced in mid-April.)


Triton International Shareholders Approve Acquisition by Brookfield Infrastructure

HAMILTON, Bermuda–(BUSINESS WIRE)–August 24, 2023—Triton International Limited (NYSE: TRTN) (“Triton” or the “Company”) announced that its shareholders have voted to approve the acquisition of the Company by Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”) at a special general meeting of shareholders held earlier today.

“This is another important step forward for our transaction with Brookfield Infrastructure, and we are pleased to have received overwhelming support from Triton’s shareholders,” said Brian M. Sondey, Chairman and Chief Executive Officer of Triton. “We look forward to completing the transaction and marking the beginning of a new chapter for Triton.”

The final, certified voting results will be reported in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission.

The transaction is expected to close in the third quarter of 2023, subject to the satisfaction or waiver of the remaining closing conditions, including clearance from the Committee on Foreign Investment in the United States (CFIUS). Upon closing, Triton’s common shares will be delisted from the New York Stock Exchange (“NYSE”) and will no longer be listed on any public market. As previously disclosed, Triton’s preference shares will remain outstanding immediately following the closing and remain entitled to the same dividends and other preferences and privileges that they currently have, with the preference share dividends remaining an obligation of Triton. Triton expects to continue paying normal quarterly dividends on these shares. Triton expects that the preference shares will continue to be listed on the NYSE immediately following the closing.

About Triton International Limited

Triton International Limited is the world’s largest lessor of intermodal freight containers. With a container fleet of over 7 million twenty-foot equivalent units (“TEU”), Triton’s global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.

Important Cautionary Information Regarding Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements.” Actual results could differ materially from those projected or forecast in the forward-looking statements (…).


For Triton:

Lisa Friedman
Senior Managing Director
Tel: +1 (347) 714-4675
Email: [email protected]

Investor Relations
Andrew Kohl

Vice President
Corporate Strategy & Investor Relations
Tel: +1 (914) 697-2900
Email: [email protected]

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