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Hillenbrand Shareholders Approve Acquisition by Lone Star
Hillenbrand shareholders approved the acquisition by Lone Star Funds at $32 per share with 99% voting in favor, subject to closing conditions expected by Q1 2026.
- Hillenbrand, Inc. shareholders approved the sale to an affiliate of Lone Star Funds at a Special Meeting in Batesville, Ind.; the transaction is expected to close by Q1 2026.
- Hillenbrand operates as a global industrial equipment provider supplying mission-critical processing equipment with leading industrial brands in durable plastics, food and recycling.
- Under the definitive merger agreement, shareholders are to receive $32.00 per share in cash, without interest and subject to applicable withholding taxes.
- Preliminary tallies showed roughly 99% support, representing approximately 83% of outstanding Hillenbrand common stock as of Nov. 28, 2025.
- Closing remains subject to regulatory approvals and financing, including potential litigation, and Hillenbrand cautioned that forward-looking statements involve risks urging investors not to rely unduly.
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The Berkshire Eagle+21 Reposted by 21 other sources
Hillenbrand Shareholders Approve Acquisition by Lone Star
BATESVILLE, Ind., Jan. 8, 2026 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that its shareholders voted at the special meeting of shareholders held today (the "Special Meeting") to approve the proposed acquisition of Hillenbrand by an affiliate of Lone…
Coverage Details
Total News Sources22
Leaning Left2Leaning Right2Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
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