Triton Container

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Pritzkers selling Triton Container for $1B

Triton Container International Ltd., which is owned by the wealthy Pritzker family, is expected to disclose as early as Thursday its sale to private-equity firms Warburg Pincus LLC and Vestar Capital Partners for about $1 billion, people familiar with the matter said.

Talks are ongoing and details are still being finalized, these people added. Including debt and cash, a sale would value Triton at about $3.5 billion, people familiar with the matter said. Get the full story »

Pritzker’s Triton rumored to be up for sale

Triton Container International Ltd., owned by Chicago’s Pritzker family, is up for sale, the latest attempt at selling the container leasing company that could be worth about $1 billion, several sources familiar with the matter said on Friday.

The auction is the latest in a series of asset sales by the Pritzkers, one of the wealthiest U.S. families. They have been selling assets after a 2001 settlement agreement, in which 11 heirs set a plan to break up the family fortune. Get the full story »