Univar Solutions confirmed that Brenntag has ended its discussions with the company about a potential transaction. Univar Solutions is a solutions provider to users of specialty ingredients and chemicals.
Acting in Best Interest of Stockholders
The company and its Board of Directors are committed to acting in the best interest of its stockholders and will continue discussions relating to other indications of interest that have been received with respect to a potential transaction.
There can be no assurance that the ongoing process will result in any transaction.
Univar Solutions is a specialty chemical and ingredient distributor representing a portfolio from the world's producers. The company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications.
Source: Univar Solutions