# USG shareholders approve $7 billion merger with Knauf

USG Corporation shareholders voted to approve the $7 billion acquisition by Germany-based Knauf. The deal is expected to close in early 2019.

- Type: Acquisition
- Announced: 2018-09-27
- Where: Chicago, Illinois, United States
- Value: $7.00B
- Status: announced
- Products: building materials, Sheetrock
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf](https://endata.com/companies/21151.md) (acquirer)
- [USG](https://endata.com/companies/27822.md) (target)

## Sources

- [connectcre.com](https://www.connectcre.com/stories/usg-shareholders-approve-merger-deal-with-knauf/), 2018-09-27: "We believe in the substantial power of this combination and look forward to uniting these two great companies, pending the receipt of necessary regulatory approvals and other customary closing conditions."

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