St Gobain sells South Korean construction glass business to Glenwood Private Equity

St Gobain has sold its construction glass business in South Korea to Glenwood Private Equity for an enterprise value of around 240 million euros. The deal helps St Gobain reach its 2019 asset-sales target of over 3 billion euros.

“St Gobain said on Monday that it would sell the South Korean business to Glenwood Private Equity, in a deal based on an enterprise value of around 240 million euros.”financialpost.com

• 2 sources
• financialpost.comFrench group St Gobain seals disposal target with South Korea asset sale | Financial PostReutersSep 30, 2019
• dealstreetasia.comFrance's Saint-Gobain sells Korea business to Glenwood Private EquityOct 3, 2019

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