Hg Capital Announces $6.4 Billion Acquisition of OneStream

Hg Capital has announced an all-cash acquisition of OneStream for $6.4 billion, offering $24 per share. The deal concludes a strategic review process begun in November.

Insights:
Hg Capital has announced its acquisition of OneStream Inc in an all-cash transaction valued at $6.4 billion. This deal, priced at $24 per share, represents a 31% premium over OneStream's previous closing price. The acquisition marks the conclusion of a strategic review process that OneStream had initiated in November, during which multiple potential buyers expressed interest.
U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration
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