Knauf to acquire Chiyoda Ute and form joint venture

Knauf plans to acquire outstanding shares of Chiyoda Ute and form a joint venture with a 75% stake, following a tender offer issued in April 2022. Shares will be delisted in late July 2022.

“The eventual plan is form a joint-venture between the companies with Knauf holding a 75% share.”globalgypsum.com

• 1 source
• globalgypsum.comChiyoda Ute issues share sales request to form joint-venture with Knauf - Gypsum Sector News - Global GypsumGlobal Gypsum staffJul 15, 2022

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