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. | |
---|---|---|
-24.92% | 1.6B | |
+0.64% | 1.12B | |
-7.01% | 930M | |
-11.76% | 593M | |
+34.20% | 547M | |
+18.76% | 528M | |
+8.18% | 286M | |
-23.14% | 261M | |
+14.62% | 210M |