MILWAUKEE, March 14, 2023 /PRNewswire/ — Ademi LLP is investigating Univar (NYSE: UNVR) for possible breaches of fiduciary duty and other violations of law in its transaction with Apollo.
Click here to learn how to join the action https://www.ademilaw.com/case/univar-solutions-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Univar’s financial outlook and prospects are excellent and yet Univars shareholders are expected to receive only $36.15 per share for a total enterprise value of $8.1 billion. The transaction agreement unreasonably limits competing bids for Univar by imposing a significant penalty if Univar accepts a superior bid. Univar insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Univar’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Univar.
If you own Univar common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/univar-solutions-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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SOURCE Ademi LLP