# Saint-Gobain subsidiary launches tender offer for minorities in Hankuk Glass Industries

Hankuk Glass Industries (HGI), a South Korean subsidiary of Saint-Gobain, launched a tender offer to acquire the 23% of its shares owned by minority shareholders. After the offer, Saint-Gobain and HGI hold 96.8% of HGI, with a delisting planned.

- Type: Acquisition
- Announced: 2018-09-20
- Where: South Korea
- Status: announced
- Products: glass products, insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Compagnie de Saint-Gobain](https://endata.com/companies/34430.md) (acquirer)
- [Hankuk Glass Industries](https://endata.com/companies/34431.md) (target)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/compagnie-de-st-gobain-sa--cod/acquisition/5319001), 2018-09-20: "Hankuk Glass Industries (HGI), a South Korean subsidiary of Saint-Gobain listed on the Seoul stock exchange, launched a tender offer to acquire the 23% of its shares owned by minority shareholders."

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