Unipar Indupa prices share buyback

Unipar Indupa prices share buyback

Equity Capital Markets Argentina

Unipar Indupa said Monday that it will pay ARS25.01 per share to buy out minority shareholders and delist the company from the BCBA, becoming the latest company to leave the stock exchange in Buenos Aires. The maker of caustic soda, chlorine and polyvinyl chloride (PVC) in Argentina and Brazil said in a securities filing that the amount equates to $0.397 per share based on a blend of exchange rates. Unipar Indupa, acquired by Brazilian chemicals maker Unipar Carbocloro in 2016, said in August th

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