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CD&R Exits Univar

23:00 EDT 30 Sep 2019 | CHEManager

US private equity group Clayton, Dubilier & Rice (CD&R) has made a public offering of nearly 11.6 million shares (representing 6.9% of its issued and outstanding shares) in Univar Solutions. CD&R said the offering represents the conclusion of a nine-year investment in Univar. Following the offering, which was expected to close on Sep. 25, 2019, CD&R will no longer hold any shares in the distributor.

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