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Triton Container up for sale

Triton Container up for sale

   Triton Container International Ltd., the world's largest owner and leaser of intermodal cargo containers, is up for sale and could be worth as much as $2.5 billion, Bloomberg reported Wednesday.

   The news service said Goldman Sachs is seeking a buyer for the closely held Bermuda-based company, quoting three anonymous sources close to the family that operates Triton, who declined to be identified because a sale hasn’t been announced.

   Reuters reported that an internal squabble among the Pritzker family, which owns Triton, is behind the sale.

   'The dispute among the Pritzkers, whose Chicago-based family business includes the Hyatt chain of hotels, broke out after patriarch Jay Pritzker died in 1999, and resulted in a decision to break up the family business over a decade,' the Reuters story said.

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