Univar increases offer for Chemcentral
Chemicals distributor Univar has increased its bid for America’s Chemcentral to $650m, following a $700m bid from German rival Brenntag. Univar had previously reached a preliminary deal on a $600m offer.
Univar said it expects to complete the takeover by the end of next month, despite the German firm’s intervention. Chemcentral’s management backs the Univar deal.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation