# Knauf to acquire USG Corporation for $7 billion

Gebr. Knauf KG will acquire all outstanding shares of USG Corporation in a transaction valued at approximately $7.0 billion. USG shareholders will receive $44.00 per share ($43.50 cash plus $0.50 special dividend). The combined company will be a global building materials leader. USG's headquarters will remain in Chicago.

- Type: Acquisition
- Announced: 2018-06-11
- Where: Chicago, Illinois, United States
- Value: $7.00B
- Status: announced
- Products: wallboard, ceilings
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf](https://endata.com/companies/21151.md) (acquirer)
- [Berkshire Hathaway](https://endata.com/companies/21630.md) (investor)
- [USG](https://endata.com/companies/27822.md) (target)
- [Gebr. Knauf KG](https://endata.com/companies/28423.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/757011/000110465918039320/a18-15147_1ex99d1.htm), 2018-06-11: "Gebr. Knauf KG and USG Corporation today announced that they have entered into a definitive agreement pursuant to which Knauf will acquire all of the outstanding shares of USG in a transaction valued at approximately $7.0 billion."
- [hbsdealer.com](https://hbsdealer.com/news/knauf-buying-usg-for-7-billion), 2018-06-11: "We are excited to enter into an agreement to acquire USG."
- [globalcement.com](https://www.globalcement.com/news/140-analysis?start=388), 2018-06-13: "The US$7bn deal between Knauf and USG was agreed and announced on 11 June 2018."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.