Shocking Surge: Hillenbrand Stock Soars 19% on $32 Buyout Announcement
Lone Star Funds will acquire Hillenbrand for $32.00 per share in cash, valuing the deal at about $3.8 billion. Hillenbrand stock jumped 18.7% midday to $31.40 after the announcement. The offer is 37% above Hillenbrand’s Aug. 12 share price. The deal is expected to close by Q1 2026, after which Hillenbrand will go private and leave the NYSE.