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Mergers & Acquisitions ·

Luxfer supplements proxy statement with valuation details as Double Eagle prepares to acquire it for $17.37 per share

LXFRLuxfer Holdings PLC

Luxfer Holdings PLC filed a supplemental disclosure to its definitive proxy statement regarding the proposed acquisition by Double Eagle Acquisition Buyer, Inc., a holding company owned by funds managed by Wynnchurch Capital, L.P. The filing addresses shareholder lawsuits alleging deficiencies in prior disclosures and provides additional details on Deutsche Bank's financial analysis, including discounted cash flow valuations ranging from $15.05 to $20.80 per share and precedent transaction multiples. The acquisition remains pending a vote at the Scheme Meeting and General Meeting scheduled for November 4, 2026, with shareholders receiving $17.37 in cash per ordinary share. Luxfer Holdings PLC operates in the specialty materials industry, manufacturing high-performance cylinders, tanks, and catalysts.

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