American Securities to acquire Foundation Building Materials for $1.37 billion

Foundation Building Materials, Inc. entered into a definitive agreement to be acquired by an affiliate of American Securities LLC for $19.25 per share in cash, valuing the transaction at approximately $1.37 billion including debt.

“We are pleased to announce this transaction with American Securities, delivering immediate cash value to our shareholders at a significant premium.”sec.gov

• 2 sources
• sec.govDocumentNov 15, 2020
• sec.govFoundation Building Materials, Inc. Form 8-K filed November 16, 2020Nov 16, 2020

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