Barnes Group INC

Barnes Group Inc. has been acquired by Apollo Funds in a $3.6 billion all-cash transaction, marking a significant change in ownership and strategic direction for the company.

Barnes Group Inc. has released an 8-K filing addressing stockholder lawsuits related to its merger with Goat Holdco, LLC, and providing supplemental information to its definitive proxy statement.

Barnes Group Inc. announced its third-quarter 2024 financial results, highlighting significant growth in its Aerospace segment, particularly in the aftermarket, while also detailing its pending acquisition by Apollo Funds.

Barnes Group Inc. has agreed to be acquired by Apollo Funds for $47.50 per share in cash, valuing the company at approximately $3.6 billion.

Barnes Group Inc. has appointed Troy W. Ingianni as its new Principal Accounting Officer, effective September 15, 2024, as part of a planned transition.

Barnes Group Inc. announced its second quarter 2024 financial results, showing strong sales growth offset by a significant goodwill impairment charge and mixed performance across its segments.

Barnes Group Inc. reported a net loss for the third quarter of 2024, despite increased sales, as the company navigates restructuring activities and the integration of a major acquisition.

Barnes Group Inc. experienced a net loss in the second quarter of 2024, impacted by a goodwill impairment charge and divestiture, despite increased sales.

Barnes Group Inc. saw a significant increase in net sales in Q1 2024, driven by the MB Aerospace acquisition, but net income was negatively impacted by divestiture-related tax charges.

Barnes Group Inc. amends its credit agreement to include a PNC line of credit, files its 10-K annual report, and details strategic shifts including the acquisition of MB Aerospace and the planned divestiture of Associated Spring and Hnggi businesses.

Adam Katz, a director at Barnes Group Inc., has disposed of a significant number of shares as part of a merger agreement, receiving $47.50 per share.

A Barnes Group director, Hans-Peter Manner, disposed of shares and restricted stock units following the completion of a merger agreement, receiving $47.50 per share.

Elijah Kent Barnes, a director at Barnes Group Inc., disposed of a significant number of shares and derivative securities as part of a merger agreement, receiving $47.50 per share.

A Barnes Group Inc. executive, Ian Malcolm Reason, disposed of all his common stock and restricted stock units following the completion of a merger agreement.

A Barnes Group director, Neal J. Keating, disposed of common stock and restricted stock units as part of the merger agreement with Goat Holdco, LLC.

Dawn N. Edwards, SVP of Human Resources at Barnes Group Inc., disposed of her shares and stock options as part of the company's merger agreement.

Barnes Group Inc. has entered into a definitive agreement to be acquired by affiliates of Apollo Global Management for $47.50 per share in cash.

Irenic Capital is considering contributing a portion of its Barnes Group shares for equity in the post-merger company following the acquisition agreement.