According to the Wall Street Journal, infrastructure investor Stonepeak is close to closing a deal to purchase shipping container company Textainer for $2 billion.
Investors in Textainer will reportedly receive approximately $50 per share in cash once the deal goes through.
With Textainer’s debt taken into account, the deal is valued at approximately $7.4 billion.
Following the news of the deal, Textainer’s stock closed at $34.15 on Friday.
