Saint-Gobain to acquire Continental Building Products for $1.4 billion

Saint-Gobain announced it will acquire all outstanding shares of Continental Building Products for $37.00 per share in cash, valued at approximately $1.4 billion (€1.3 billion). The deal is expected to close on February 3, 2020, following regulatory and shareholder approval.

“Saint-Gobain today announces that Continental Building Products (NYSE: CBPX) obtained shareholder approval to be acquired by Saint-Gobain and that the waiting period under the Hart-Scott-Rodino Act has expired thereby satisfying the regulatory approval requirements under the merger agreement.”businesswire.com

• 2 sources
• businesswire.comSaint-Gobain Moves Forward With the Acquisition of Continental Building Products Following Regulatory and Stockholder ApprovalAnalyst/Investor relationsJan 30, 2020
• wconline.comSaint-Gobain Moves Forward With Acquisition of Continental Building Products | 2020-02-04 | Walls & CeilingsBy: Brian McKayFeb 4, 2020

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