Univar Solutions (UNVR) confirmed that Brenntag (BNTGY) has ended its discussions with the company about a potential transaction. Univar said it is "committed to acting in the best interest of its stockholders and will continue discussions relating to other indications of interest that have been received with respect to a potential transaction."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on UNVR:
- Univar (NYSE:UNVR) Drops Off Brenntag’s Takeover List
- Univar and Kalsec expand distribution partnership for ingredient solutions
- Engine Capital sends letter to Univar board requesting initiation of review
- Univar buyout could bring ‘substantial upside,’ says Deutsche Bank
- Brenntag downgraded to Neutral from Buy at Citi