Aegion is being acquired, to go private | Water Finance & Management
Aegion Corp. has entered into a definitive merger agreement with affiliates of investment firm New Mountain Capital in a $963 million deal that will result in Aegion becoming a private company. Aegion, based in St. Louis, is a leading provider of infrastructure maintenance, rehabilitation and protection solutions and has long had a significant presence in the trenchless market. Under the terms of the agreement, “New Mountain,” a New York-headquartered investment firm, will acquire all outstanding shares of Aegion common stock for $26.00 per share in cash. This represents a premium of ap...
Source: waterfm.com