Private equity giant Apollo has agreed to acquire the majority of Univar Solutions in an all-cash deal that values the company at about $8.1 billion. There is also an unspecified minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority.

Shareholders will receive $36.15/share in cash, which represents a 20.6% premium to the company's undisturbed closing stock price on 22 November 2022 or 33.6% on the volume-weighted average for the 30 trading days ending on that date.