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Holly LaFon
Holly LaFon
Articles (9202)  | Author's Website |

First Eagle Comments on Univar Inc.

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December 05, 2018 | About:
Univar Inc. (NYSE:UNVR), which distributes chemicals, announced a defini-tive agreement to acquire Nexeo Solutions, a global chemi-cals and plastic distributor, in a stock and cash deal valued at roughly $2 billion. We believed this transaction could add significant value for Univar shareholders due to the synergies and scale that it created. We were comfortable with the valua-tion Univar paid.

From First Eagle Investment (Trades, Portfolio)'s First Eagle Fund of America's third-quarter 2018 shareholder commentary.

About the author:

Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

Visit Holly LaFon's Website


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