Radnor, PA, June 3, 2015-VWR Corporation (NASDAQ: VWR) today announced the pricing of an underwritten public offering of 16,000,000 shares of its common stock by selling stockholder Varietal Distribution Holdings, LLC at a price to the public of $26.25 per share. In connection with the offering, the selling stockholder has granted the underwriters a 30-day option to purchase up to 2,400,000 additional shares. The offering is expected to close on June 9, 2015. VWR will not receive any proceeds from this offering.
BofA Merrill Lynch, Goldman, Sachs & Co. and J.P. Morgan Securities LLC are serving as lead book-running managers in the offering. Barclays Capital Inc., Deutsche Bank Securities, Citigroup Global Markets Inc., Jefferies LLC and William Blair & Company, L.L.C. will serve as joint book-running managers. Additionally, Cowen and Company, LLC, Mizuho Securities, SMBC Nikko Securities America, Inc., Drexel Hamilton and Loop Capital Markets are serving as co-managers in the offering.
A registration statement relating to these securities was declared effective by the
Securities and Exchange Commission on June 3, 2015. The offering is being made only by means of a prospectus. Copies of the prospectus related to the offering may be obtained from: BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Prospectus Department or by emailing email@example.com; Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing firstname.lastname@example.org; or J.P. Morgan Securities LLC, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (866) 803-9204.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About VWR Corporation
VWR (NASDAQ: VWR), headquartered in Radnor, Pennsylvania, is a leading, global, independent provider of products, services and solutions to laboratory and
production facilities. With sales in excess of $4.3 billion in 2014, VWR enables science for customers in the pharmaceutical, biotechnology, industrial, education, government and healthcare industries. With more than 160 years of experience, VWR has cultivated a value proposition delivering product choice, operational excellence and differentiated services to improve our customers' productivity from research to production. VWR's differentiated services provide innovative, flexible and customized solutions from scientific research services to custom-manufactured chemical blends. Our dedicated team of more than 8,500 associates is focused on supporting scientists, medical professionals and production engineers to achieve their goals.
Forward-Looking Statements Media Contact
This press release contains forward-looking
statements with respect to the initial public offering, which are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these statements. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will," "may" or similar expressions. These statements are based on certain assumptions that VWR and its management have made in light of perceptions of expected future developments and other factors VWR and its management believe are appropriate in these circumstances. As you read and consider this press release, you should understand that these statements are not guarantees of performance or results. Many factors could affect VWR's actual performance and results and could cause actual results to differ materially from those expressed in the forward-looking statements, including, among others,
risks and uncertainties related to the capital markets. All forward-looking statements attributable to VWR or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and VWR undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Director, Corporate Communications
VP, Investor Relations
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The issuer of this announcement warrants that they are solely
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Source: VWR Corporation via Globenewswire
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