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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