3G Capital has agreed to buy a majority stake in Dutch window-coverings maker Hunter Douglas NV in a transaction that values the business at about $6.9 billion, expanding beyond its food-and-beverage focus for its first big deal since 2015.
Shares in Hunter Douglas jumped about 70% on Friday after the New York-based investment group said it would buy a 75% stake in the company for 175 euros a share. The offer represents a 73% premium to the company’s closing price Thursday. 3G said the deal had a value of about $7.1 billion including debt.
