Triton Fund V L.P. of Triton agreed to acquire remaining 9.8% stake in Renk Aktiengesellschaft (DB:ZAR) for €70.5 million on October 7, 2020. Triton will pay €105.72 per share in cash. The deal is subject to approval by RENK's general shareholders' meeting and the entry of the squeeze-out resolution and the merger into the commercial registers. The extraordinary general meeting of Renk Aktiengesellschaft will probably take place near the end of the year 2020. Rainer Traugott and Dirk Kocher of Latham & Watkins Schön Nolte acted as legal advisors to Triton.