Ulysses Luxembourg, a vehicle for funds managed and advised by CVC Capital Partners, has made a EUR 1.52bn offer to all the issued and outstanding shares of Univar, a Rotterdam-based chemicals distributor. The offer, worth EUR 53.50 per share, represented a premium of 37% to the closing price on July 6. Univar’s major shareholder HAL Holding has committed its 26.6% stake to the bid, unless a rival bid is at least EUR 4 per share higher.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater