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Stock impact report

Bain Capital to pick 9.9% stake in Lincoln Financial for $825m [Yahoo! Finance]

Lincoln National Corporation (LNC) 
Last lincoln national corporation earnings: 2/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The parties have signed a definitive agreement, whereby Bain Capital will acquire a 9.9% stake in Lincoln National. This deal includes the sale of approximately 18.8 million shares of Lincoln's common stock at $44 apiece, reflecting a 25% premium to the 30-day volume-weighted average price as of 8 April 2025. Completion of the all-cash deal is expected in the second half of 2025, contingent upon standard closing conditions including regulatory approvals. The investment is intended to support Lincoln's priorities including expanding spread-based earnings, enhancing asset sourcing capabilities and optimising its legacy life portfolio. The company also expects “financial flexibility” from the transaction, which it says will help ramp up its goal to cut leverage ratio to 25%. Lincoln Financial chairman, president and CEO Ellen Cooper said: “This partnership aligns us with a highly reputable organisation whose powerful platform and shared values and goals will enable us to accel Show less Read more
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