Neville Prior

Rumour - Univar Exploring IPO

Neville Prior  2 April 2014 09:48:45 AM
Univar, the number 2 chemical distributor by turnover, is said to be exploring an initial public offering that could value the private equity-owned company at more than $6 billion. Univar's preparations for a possible public offering highlight the resurgence of the U.S. chemicals sector, which has benefitted from cheap feedstock on the back of low natural gas prices.
Comments

1David Brown  02/04/2014 5:45:24 PM  Rumour - Univar Exploring IPO

Neville I have had a couple of meetings recently with people from the investment bank/PE fraternity both talking about the prospects of an European IPO (IMCD) in next 12 months or so. Can confirm they also mentioned Univar in this context too.

2Neville Prior  03/04/2014 2:35:52 PM  Rumour - Univar Exploring IPO

Thanks David, I am guessing that Azelis may also be in the same situation.

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