Jan 2 (Reuters) - German chemicals distributor Brenntag said on Monday it is terminating discussions with Univar Solutions for a potential takeover.

The termination of the deal follows activist investor PrimeStone urging Brenntag last month to end talks with its U.S. rival and instead buy back shares and prepare for a break-up into two separate companies. (Reporting by Akanksha Khushi in Bengaluru)