Sign In
Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
UNVR.US
id: 727

Univar Solutions (UNVR) M&A Case

D. Delaware
Court
1:23-cv-00545
Case number
17 Jul 2023
Lead Plaintiff motion deadline
  • Apollo acquires Univar Solutions at $36.15 per share in cash.
  • Investors suspect $UNVR of making false statements related to financial projections before the merger.
On March 14, 2023, Univar Solutions Inc. (NYSE: UNVR) and Apollo (NYSE: APO) announced that they entered into a definitive merger agreement where Apollo is to acquire Univar in an all-cash transaction that values the Company 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.
  • Univar Solutions shareholders will receive $36.15 per share in cash.
$UNVR investors may have reasons to suspect that Univar Solutions was making false statements related to financial projections before the merger.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Malpractice
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Investment Bank
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
14 March 2023
Filing date
18 May 2023
Lead Plaintiff Deadline
17 July 2023
Collecting participants…

Univar Inc

Univar Solutions Inc. distributes commodity and specialty chemical products, and provides related services worldwide. It offers epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, ...

    Ticker
    UNVR.US
    ISIN
    US91336L1070
    CIK
    1494319
    Sector
    Basic Materials
    Industry
    Chemicals
    Country
    USA
    Address
    3075 Highland Parkway, Downers Grove, IL, United States, 60515