Univar IPO raises $770 mln

Univar Inc. on Wednesday priced its IPO at 35 million shares at $22 each via joint book runners Deutsche Bank Securities, Goldman, Sachs & Co. and BofA Merrill Lynch. Univar, a chemical distributor, is selling 20 million shares while certain stockholders are offering 15 million. Univar shares will trade on the NYSE under the ticker symbol “UNVR” later today. Univar is a portfolio company of CVC Capital Partners.

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