(Batesville, IN) – Hillenbrand, Inc.’s shareholders have approved the proposed acquisition of the Batesville-based company by an affiliate of Lone Star Funds.
At the special shareholders meeting, preliminary results showed that about 99 percent of the votes cast, representing around 83 percent of the total outstanding shares of Hillenbrand common stock as of the November 28, 2025 record date for the special meeting, were in favor of the transaction.
Final voting results from the special meeting will be reported by Hillenbrand in a Current Report on Form 8‑K filed with the U.S. Securities and Exchange Commission.
The transaction is expected to close by the end of the first quarter of this year, subject to the satisfaction or waiver of the remaining conditions to closing.
Under the terms of the definitive agreement with Lone Star, upon completion of the transaction, Hillenbrand shareholders will be entitled to receive $32.00 in cash, without interest and subject to any applicable withholding taxes, for each share of Hillenbrand common stock they owned immediately before the completion of the transaction.
