Second bidder emerges for Univar
British private equity group BC partners is considering a counter-bid for chemicals distribution company Univar, according to today’s Financieele Dagblad.
Fund Ulysses, a subsidiary of CVC Partners, brought out a formal €53.50 bid for Univar this week.
BC Partners already owns Brenntag which claims to be world leader in chemicals distribution.
A bid of €57.20 would ‘not be unsporting’, the FT reported partner Stefan Zuschke as saying.
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