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Investment group to take specialty chemicals distributor private in all-cash deal.
March 14, 2023
By: TOM BRANNA
Editor
Univar Solutions Inc. and Apollo Global Management announced today that funds managed by affiliates of Apollo have entered into a definitive merger agreement to acquire Univar in an all-cash transaction that values Univar at an enterprise value of approximately $8.1 billion. The transaction includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The agreement provides that Univar Solutions shareholders will receive $36.15 per share in cash, ...
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