Deals
Apollo to Buy Univar in $8.1 Billion Deal, Including Debt
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Apollo Global Management Inc. has agreed to acquire chemical maker Univar Solutions Inc. for $8.1 billion including debt.
Univar shareholders will receive $36.15 a share, the companies said in a statement. The all-cash transaction is expected to close in the second half of the year. Univar shares rose 12% to $34.96 at 2:01 p.m. in New York trading, giving it a market value of about $5.5 billion.