BRIEF-Saint-Gobain Agrees To Buy Bailey Group Companies For EUR 600 Mln

Dow Jones Industrial Average +0.17%
S&P 500 index -0.21%
NASDAQ -0.12%

Dow Jones Industrial Average

DJI

37798.97

+0.17%

S&P 500 index

SPX

5051.41

-0.21%

NASDAQ

IXIC

15865.25

-0.12%

- Compagnie de Saint Gobain SA SGOB.PA:

  • DEFINITIVE AGREEMENT TO ACQUIRE BAILEY GROUP COMPANIES

  • DEAL FOR C$880 MILLION (APPROXIMATELY €600 MILLION) IN CASH

  • CLOSING EXPECTED IN THE SECOND HALF OF 2024

  • DEAL REPRESENTS MULTIPLE OF APPROXIMATELY 7.5X WHEN INCLUDING RUN-RATE SYNERGIES OF APPROXIMATELY C$26 MILLION IN YEAR 3

Source text: https://tinyurl.com/bp8d3n3x

Further company coverage: SGOB.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via