Unipar Carbocloro SA (BOVESPA: UNIP6) signed a definitive agreement to acquire 70.59% stake in Solvay Indupa do Brasil S.A. from Solvay Indupa S.A.I.C. on May 3, 2016. The transaction is based on a total enterprise value of $202.2 million, which shall be subject to customary adjustments. The deal is subject to antitrust approval and then obtained clearance from the Brazilian antitrust authority on December 7, 2016.


Unipar Carbocloro SA (BOVESPA: UNIP6) completed the acquisition of a 70.59% stake in Solvay Indupa do Brasil S.A. from Solvay Indupa S.A.I.C. on December 27, 2016.