Wallstreet

Bain Capital to exit Trinseo

Berwyn, Pennsylvania – Trinseo expects a deal in which Bain Capital Everest Manager Holding SCA will sell all its remaining shares in the polymer company to complete on 23 Sept.

In a statement to ERJ, a Trinseo official said Bain Capital, which bought Trinseo (then called Styron) from Dow Chemical Co. in 2010, was completely exiting the company: selling nearly 10.7 million shares.

The transaction is expected to complete before trading begins on 23 Sept on the NYSE.

“The sale, which was announced on 19 Sept, concluded Bain…

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