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.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.