On November 30, 2022, Engine Capital LP announced that it has sent a letter Univar Solutions Inc, stated that after receiving preliminary interest from Brenntag SE, which confirms that the Company was undervalued and, in turn, a attractive acquisition target for qualified buyers. In addition, Engine Capital LP urged the Company to publicly announce a competitive and formal sale process that invites additional parties to bid for the Company and ensures the board has all the information needed to make a value-maximizing decision that benefits all shareholders.
1st Jan change | Capi. | |
---|---|---|
-19.67% | 1.81B | |
+2.71% | 1.14B | |
+1.48% | 1.02B | |
-10.29% | 615M | |
+47.15% | 606M | |
+26.02% | 568M | |
+7.01% | 271M | |
-30.91% | 240M | |
+13.80% | 218M |