secwatch.observer — SEC 8-K summary
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Issuer:     Triton International Ltd (TRTN-PA)
CIK:        0001660734
Form:       8-K
Filed at:   2023-04-12T23:59:59+00:00
Accession:  0001193125-23-099381
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Triton International to be acquired by Brookfield Infrastructure for $85/share in cash and stock
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- Triton shareholders to receive $68.50 cash and $16.50 in BIPC shares per common share, totaling $85/share.
- BIPC share consideration subject to collar: fixed share count if price outside $42.36–$49.23 range.
- Unvested restricted shares and RSUs convert to cash at $85/share, vesting over time (or 12-month anniversary).
- Series A–E preference shares remain outstanding after closing; no change.
- Termination fees: $141.4M payable by Triton, $329.9M by Parent; regulatory approvals include HSR, CFIUS, EC, China.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660734/000119312523099381/0001193125-23-099381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660734/000119312523099381/d444197d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-099381

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