Grilling company Weber to be taken private in $3.7B deal

KIFI

Published December 12, 2022 6:46 AM

By MICHELLE CHAPMAN
AP Business Writer

Grilling company Weber is being taken private in a deal valued at about $3.7 billion. Investment funds managed by BDT Capital Partners LLC will buy all of the outstanding shares of Weber Inc. that they don’t already own for $8.05 per share. Weber’s board has approved the transaction, which is expected to close in the first half of next year. The company went public in August 2021 at $14 a share.

Article Topic Follows: AP National Business

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