IHS Chemical Week

Services :: Distribution

Apollo to Sell Part of Quality Distribution Stake

9:56 AM MST | February 4, 2011 | Vincent Valk

Private equity firm Apollo Management is selling about two million shares of its common stock in Quality Distribution, a bulk chemicals distributor, in a public offering. With the stock sale, the firm is reducing its ownership stake in the company to 36% from 48.7%. Quality is also issuing two million additional new shares of common stock. The entire four million share offering has been priced at $9.50/share. Quality's proceeds from the offering, expected to total between $16 and $17 million, will to go towards retiring the company's payment-in-kind (PIK) loan...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa