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Hillenbrand Closes Batesville Divestiture; Completes Company's Transformation into Pure-Play Industrial - Vimarsana News

Hillenbrand Closes Batesville Divestiture; Completes Company's Transformation into Pure-Play Industrial

/PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that it has completed its transformation into a pure-play industrial company with the closing of...

Hillenbrand reaches deal to sell Batesville Casket for $761M - Vimarsana News

Hillenbrand reaches deal to sell Batesville Casket for $761M

BATESVILLE, Ind. — Hillenbrand Inc. announced last week that it has reached an agreement to sell its Batesville Casket Co. subsidiary — the largest producer of caskets in the U.S.

Hillenbrand reaches deal to sell Batesville Casket for $761M - Vimarsana News

Hillenbrand reaches deal to sell Batesville Casket for $761M

Hillenbrand Inc. has reached an agreement to sell its Batesville Casket Co. subsidiary to an affiliate of a Connecticut-based private equity firm for $761.5 million. Thursday's announcement of the deal with an affiliate of LongRange Capital provided no guidance on what impact the sale might have on Batesville Casket, its employees or its holdings in southeastern Indiana. But the Indianapolis Business Journal reports Hillenbrand said that both it and Batesville Casket would continue to be headquartered in Batesville, an Indiana community about 60 miles southeast of Indianapolis. Batesville...

Source: kstp.com
Hillenbrand reaches deal to sell Batesville Casket for $761M to CT-based private equity firm - Vimarsana News

Hillenbrand reaches deal to sell Batesville Casket for $761M to CT-based private equity firm

Hillenbrand Inc. has reached an agreement to sell its Batesville Casket Co. subsidiary to an affiliate of a Connecticut-based private equity firm for $761.5 million

Hillenbrand reaches deal to sell Batesville Casket for $761M - Vimarsana News

Hillenbrand reaches deal to sell Batesville Casket for $761M

Hillenbrand Inc. has reached an agreement to sell its Batesville Casket Co. subsidiary to an affiliate of a Connecticut-based private equity firm for $761.5 million

Source: go.com