Triton International shareholders approve Brookfield Infrastructure acquisition

Triton International (TRTN) announced that its shareholders have voted to approve the acquisition of the company by Brookfield Infrastructure (BIP), through its subsidiary Brookfield Infrastructure Corporation (BIPC), or BIPC, and its institutional partners at a special general meeting of shareholders held earlier. The final, certified voting results will be reported in a current report on form 8-K to be filed with the U.S. Securities and Exchange Commission. The transaction is expected to close in the third quarter, subject to the satisfaction or waiver of the remaining closing conditions, including clearance from the Committee on Foreign Investment in the United States, or CFIUS. Upon closing, Triton’s common shares will be delisted from the New York Stock Exchange, or NYSE, and will no longer be listed on any public market. As previously disclosed, Triton’s preference shares will remain outstanding immediately following the closing and remain entitled to the same dividends and other preferences and privileges that they currently have, with the preference share dividends remaining an obligation of Triton. Triton expects to continue paying normal quarterly dividends on these shares. Triton expects that the preference shares will continue to be listed on the NYSE immediately following the closing.