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New Deal


Announced

HG Vora to acquire the remaining 90% stake in Ryder for $4.4bn.

Financials

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Transaction Value£3,600m
Consideration TypeCash
Capital Owned10%
Capital Bid For90%
EV/Sales-
EV/EBITDA-
Share Price Premium20%
One Off Charge-

Tags

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Domestic

Trucking

Majority

trucks

Acquisition

Friendly

transportation and logistics

Private Equity

Single Bidder

Public

United States

Pending

Synopsis

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HG Vora, a private equity firm, offered to acquire the remaining 90% stake in Ryder, an American transportation and logistics company, for $4.4bn. The Ryder board of directors will carefully review and evaluate the indication of interest to determine the course of action that it believes is in the best interest of the company and its shareholders.

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