Hints and tips:
...restructuring plan fails to get bondholder approval (Bloomberg) Wells Fargo to pay $3.7bn over loan violations (FT) Credit Suisse leads $34bn dealmaking fee slump in 2022 (Financial News London) Brenntag/Univar...
...Other poor climate performers in TCI’s portfolio include Airbus, Moody’s, Anthem, Aena, Atlantia, Canadian Pacific, Getlink, and Univar — all of which have made some degree of disclosure, but received low...
...Univar, which sold shares on Wednesday at $22 apiece, gained 15.45 per cent to $25.40....
...Univar won top honours in June by raising $770m, but its flotation ranks third behind Tallgrass Energy and Columbia Pipeline Partners in terms of money raised so far this year....
...Temasek recently invested about $500m in Univar, a company owned by CVC and Clayton Dubilier & Rice, ahead of an initial public offering last week of the US-based chemicals distributor....
...(FastFT) Commodities trading houses see more assertive China (Financial Times) “Univar Inc, the largest chemicals distributor in North America, is exploring an initial public offering that could value...
...Clayton Dubilier & Rice is to buy a 42.5% stake in Univar, the chemicals distribution group, in a deal valuing the company at $4.2bn, reports the FT....
...A deal was reached this week with Univar’s lenders....
...A similar deal was agreed in September by Clayton Dubilier & Rice, which bought a 42.5 per cent stake in Univar, the chemicals distribution group owned by CVC Capital Partners, a few months after the company...
...CVC had been planning an initial public offering of Univar, but changed its strategy and opted for a refinancing of the company’s debt and a sale of a minority stake to CD&R....
...CVC Capital Partners unveiled the €1.5bn acquisition of Dutch chemicals distribution specialist Univar, sending shares in the Rotterdam-based company up by more than a third....
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