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Report: Univar to select banks for IPO

2:09 PM MDT | June 12, 2014 | Ian Young

Univar will soon select Deutsche Bank, Goldman Sachs, and Bank of America to underwrite Univar's anticipated initial public offering (IPO), according to a Reuters report. Univar confirmed to CW last month that the company's private equity owners are considering an IPO for Univar. Analysts estimate the possible IPO to be worth more than $6 billion. Private equity firm CVC Capital Partners took Univar private in 2007, and in 2010 private equity firm Clayton, Dubilier & Rice bought a 42.5% stake in Univar for $1.8 billion in a deal that cut CVC's stake also to...

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