PHILADELPHIA–(BUSINESS WIRE)–Kaskela Law LLC announces that it is investigating the fairness of the recently announced go-private transaction of Univar Solutions Inc. (NYSE: UNVR) (“Univar”) on behalf of the company’s investors.
On March 14, 2023, Univar reported that it would be acquired by private equity firm Apollo at a price of $36.15 per share. Following the closing of the proposed transaction, Univar investors will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether $36.15 per share represents appropriate and sufficient consideration for Univar’s shares, and whether the company’s officers and/or directors violated the securities laws or breached their fiduciary duties in agreeing to sell the company to Apollo at that price.
Univar shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (888) 715 – 1740, or by email ([email protected] / [email protected]) or online at https://kaskelalaw.com/cases/univar-solutions/, for additional information about this investigation and their legal rights and options.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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Contacts
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com
