Announced
Financials
Tags
Single Bidder
military equipment
Private Equity
Cross Border
Friendly
aerospace equipment
Majority
Acquisition
mechanical engineering solutions
Machinery: Specialty
engineering solutions
United Kingdom
Public
Failed
Synopsis
Lone Star Funds, a private equity firm, offered to acquire Senior, an engineering solutions provider, for $1bn. On May 28, 2021, Senior rejected Lone Star's $1bn offer. On June 21, 2021, Lone Star said it raised its offer to $1.2bn. Said it is the final offer. On June 24, 2021; Lone Star terminates the $1.2bn deal for Senior.
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