Saint-Gobain makes US$2.9-B offer for Australia’s CSR
PARIS: French building products manufacturer Saint-Gobain said on Monday that it had entered a binding agreement with Australia’s CSR to buy the firm for the equivalent of US$2.9 billion. The cash offer of A$9.00 per share represents a 7.4 percent premium to Monday’s closing price and a 33 percent gain to last Tuesday before speculation […]
Tomas Kauer - News Moderator 
PARIS: French building products manufacturer Saint-Gobain said on Monday that it had entered a binding agreement with Australia’s CSR to buy the firm for the equivalent of US$2.9 billion.
The cash offer of A$9.00 per share represents a 7.4 percent premium to Monday’s closing price and a 33 percent gain to last Tuesday before speculation began about a sale, and values the company at approximately A$4.3 billion.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
