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CVC Makes $2B Play for Univar

Private equity firm sets sights on US market with purchase of chemical supplier

By J. Kelman,  Newser User

Posted Jul 9, 2007 10:52 AM CDT

(Newser) – Europe's second-largest private equity fund will purchase Univar, one of the world's biggest chemical distributors, in a deal worth $2.1 billion (€1.52 billion), Bloomberg reports. CVC Capital Partners will pay €53.50 per share, a nearly 40% premium over Friday's closing...   Read full story »

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