Univar Declares IPO Success | Chemical & Engineering News
Volume 93 Issue 26 | p. 14 | Concentrates
Issue Date: June 29, 2015

Univar Declares IPO Success

Department: Business
Keywords: chemical distribution, ipo, offering
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A Univar banner beckons from the New York Stock Exchange.
Credit: Alex Tullo/C&EN
A Univar banner in front of the New York Stock Exchange.
 
A Univar banner beckons from the New York Stock Exchange.
Credit: Alex Tullo/C&EN

The chemical distributor Univar has completed its initial public offering on the New York Stock Exchange at a price of $22.00 per share. The company sold $440 million worth of its own shares. Private equity shareholders sold an additional $445 million of their shares. Additionally, Temasek Holdings, a Singaporean government sovereign wealth fund, bought $350 million worth of Univar stock in a private placement.

 
Chemical & Engineering News
ISSN 0009-2347
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