Hillenbrand Inc. Completes Sale of Minority Stake in TerraSource Holdings to Astec Industries

Reuters

2025/07/02

Hillenbrand, Inc. announced the completion of its divestiture of a minority stake in TerraSource Holdings to Astec Industries. The transaction, conducted in partnership with Hillenbrand's majority-stake joint venture partner, resulted in a total purchase price of approximately $245 million. Hillenbrand received around $115 million from the deal, which will be used to reduce its debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hillenbrand Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE22622) on July 01, 2025, and is solely responsible for the information contained therein.

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Completes Sale of Minority Stake in TerraSource Holdings to Astec Industries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-02 04:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Hillenbrand Inc. Completes Sale of Minority Stake in TerraSource Holdings to Astec Industries\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hillenbrand, Inc. announced the completion of its divestiture of a minority stake in TerraSource Holdings to Astec Industries. The transaction, conducted in partnership with Hillenbrand's majority-stake joint venture partner, resulted in a total purchase price of approximately $245 million. Hillenbrand received around $115 million from the deal, which will be used to reduce its debt.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: DE22622) on July 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4149","symbol_name":"建筑机械与重型卡车","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDL85Mk7T:1","article_id":"2548888731","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548888731","pubTimestamp":1751401846,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hillenbrand, Inc. announced the completion of its divestiture of a minority stake in TerraSource Holdings to Astec Industries. 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Completes Sale of Minority Stake in TerraSource Holdings to Astec Industries\n    \n\n        Hillenbrand, Inc. announced the completion of its divestiture of a minority stake in TerraSource Holdings to Astec Industries. The transaction, conducted in partnership with Hillenbrand's majority-stake joint venture partner, resulted in a total purchase price of approximately $245 million. Hillenbrand received around $115 million from the deal, which will be used to reduce its debt.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hillenbrand Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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