Monday, July 9, 2007

CVC Capital Partners to Buy Chemical Distributor Univar for $2.07 Billion

(Bloomberg) -- CVC Capital Partners Ltd., Europe's
second-biggest buyout firm, agreed to pay 1.52 billion euros
($2.07 billion) for Univar NV, the largest distributor of
chemicals in the U.S.

CVC, based in London, will buy Univar for 53.50 euros a
share, the Dutch chemical company said in a statement today.
That's 37 percent more than the closing share price last week.


Read more at Bloomberg Stocks News

No comments: